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Commission to further scrutinise SABMiller deal

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When Ab InBev lists on the JSE on 15 January 2016, it will become South Africa's biggest share.
When Ab InBev lists on the JSE on 15 January 2016, it will become South Africa's biggest share.

Johannesburg - South Africa's competition watchdog will ask for another extension to scrutinise Anheuser-Busch (AB) InBev's planned R1.6trn takeover of SABMiller, its spokesperson said on Thursday.

The watchdog was due to finish its investigation on Thursday, after it was granted a 15-day extension to complete its scrutiny. It has already extended the deadline four times.

"I confirm that the competition Commission will not be issuing a decision on the SAB/ABInbev merger today. There will be another extension," Competition Commission spokesperson Itumeleng Lesofe told Reuters, without elaborating.

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