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SABMiller and Anheuser-Busch InBev have been granted another extension for their takeover talks, with the deadline moving to November 11.
The UK Panel on Takeovers & Mergers had given the world’s two largest brewers a second deadline extension of 1700 GMT on 4 November. If Anheuser-Busch InBev missed the deadline, it would not be allowed to make another approach for up to six months.
AB InBev last week said it had completed its due diligence.
In his inaugural column for Drinks International, Branson takes a wider look at the overall non-alcoholic spirits sector to identify which brands will thrive and which won’t survive.
