AB InBev to sell two beers

BREWING giant AB InBev will try to placate European regulators over its £177bn merger with SABMiller by putting the Peroni and Grolsch brands up for sale.

AB InBev – which owns Stella Artois, Becks and Corona – plans to offload the two SABMiller-owned brands to head off worries the new brewing behemoth would dominate the premium beer market in Europe.

Together, the pair will control almost a third of the world’s beer.

Potential buyers include Dutch group Heineken, USbased Molson Coors and Ireland’s C&C Group, makers of Bulmers and Magners ciders.