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AB
InBev, whose takeover of SABMiller would be one of the largest
mergers in corporate history, formally announced early in
November that it would buy SABMiller for $106 billion. It also
said that it agreed to sell the latter's stake in U.S. venture
MillerCoors to help win regulatory approval.
The hearing will be held by the Judiciary Committee's antitrust
subcommittee on Dec. 8, the committee said in a brief statement.
The witnesses will be AB InBev chief executive Carlos Brito,
Molson Coors CEO Mark Hunter, J. Wilson of the Iowa Brewers
Guild and Diana Moss, president of the American Antitrust
Institute, said Conn Carroll, spokesman for Senator Mike Lee,
chairman of the subcommittee.
The merger, if completed, will combine AB InBev's Budweiser,
Stella Artois and Corona brands with SABMiller's Peroni, Grolsch
and Pilsner Urquell and brew almost a third of the world's beer,
dwarfing rivals Heineken and Carlsberg.
(Reporting by Diane Bartz; Editing by Alan Crosby)
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