The deal has had the green light from Mexicos competition authorities

The deal has had the green light from Mexico's competition authorities

Anheuser-Busch InBev's US$20.1bn acquisition of Grupo Modelo has been approved by Mexico's competition commission. 

In an announcement to investors yesterday (15 November), Modelo said that the commission has authorised the deal with “no conditions”. The transaction has already had the green light from Canada's competition authorities and the UK's Office of Fair Trading. 

However, it is in the US where A-B InBev could face regulatory hurdles. Earlier this week, the brewer said it is “working proactively” with the Department of Justice over the bid. It came after advocacy group the American Antitrust Institute (AAI) claimed the merger is “likely to create serious anti-competitive effects”.  

A-B InBev says it believes the deal “should be approved” and still expects it to close by March next year.