Anheuser-Busch InBev NV has agreed to transfer SABMiller Plc’s Panamanian business to Ambev SA in exchange for the Brazilian brewer’s business in Colombia, Peru and Ecuador.
The move comes as the maker of Budweiser focuses on more established markets.
The transaction is conditional on AB InBev completing its takeover of SABMiller, the companies said in a statement on Friday, without giving financial details.
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