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Business deals

Australia cool to Anheuser-Busch InBev $11bn asset sale to Asahi

Regulator delays decision amid worry over competition in cider and beer markets

The Belgium-based brewer hopes to close sale of Carlton & United Breweries to Asahi in the first quarter of 2020 to reduce debt.   © Reuters

Australia's competition regulator raised concerns over an $11 billion deal by Anheuser-Busch InBev to sell its local operations to Japan's Asahi, dealing a blow to the world's largest brewer's efforts to cut debt.

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