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The Competition Commission ruling brings a step closer the creation of the world's biggest brewing group, which would make nearly a third of the world's beer.
London is set to bid farewell to one of the world's biggest brewing companies, with the potential loss of hundreds of jobs, after AB InBev sealed its £70bn takeover of SABMiller.
Feldschlösschen was Switzerland's biggest brewing company until last year, when it sold its brewing operations to Carlsberg of Denmark and a smaller competitor to concentrate on its real estate portfolio.
To bolster its position as Europe's biggest brewing company, Interbrew of Belgium said today that it would seek to raise as much as $2.8 billion by selling an initial public offering in December of roughly 21percentt of its shares.
The beer industry has been speculating for years that this would happen: that the world's biggest brewing conglomerates would eventually begin to muscle in on Britain's burgeoning craft beer market.
Tetley was taken over by Allied breweries in 1961, creating the world's biggest brewing conglomerate at the time.
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Australia's biggest brew-er and winemaker, the Foster's Group, said its chief executive, Ted Kunkel, would retire after 12 years.
This is the reason that every big brewing company wants to present itself as a maker of craft beers.
He worked at big brewing companies and later as an international consultant to them before settling in Yakima, the center of American hops country.
Igor Bavcar, Istrabenz's former chief executive, was charged with money laundering, and Bosko Srot, former chief of the big brewing company Pivovarna Lasko, with abuse of authority, in connection with a 2007 deal.
Among those scheduled to testify is Saule T. Omarova, a professor at the University of North Carolina at Chapel Hill, who has been critical of bank ownership of commodities operations, and Tim Weiner, an executive at MillerCoors, the big brewing company.
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