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Mitsubishi Motors brings in new R&D chief, restates results after scandal

Mitsubishi Motors Corp said a Nissan Motor Co executive would become its head of research and development, part of a management overhaul in the wake of a mileage cheating scandal that also prompted it to restate earnings. Nissan is preparing to take a controlling one-third stake in Mitsubishi, which is reeling from its third scandal in two decades. Mitsubishi has seen over $3 billion wiped off its market value after admitting last month it overstated the …

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Mitsubishi Motors brings in new R&D chief, restates results after scandal

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Exclusive: U.S. queries AB InBev on distribution incentives amid merger probe

By Diane Bartz WASHINGTON (Reuters) – U.S. antitrust officials are investigating Anheuser-Busch InBev over its new incentives that encourage independent distributors to sell more of its own beer brands at the expense of competing craft brews, two people with knowledge of the matter said. Budweiser owner AB InBev has 45.8 percent of the U.S. beer market but has seen sales…

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Exclusive: U.S. queries AB InBev on distribution incentives amid merger probe

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EU regulators clear $100 billion-plus AB InBev, SABMiller deal

The world's largest brewer Anheuser-Busch InBev gained EU antitrust approval on Tuesday for its $100 billion-plus acquisition of SABMiller on condition it sell almost the whole of SABMiller's beer business in Europe. Reuters was the first to report that AB InBev's concessions to sell substantial assets would secure the EU green light for one of the largest corporate takeovers ever. AB InBev has already agreed to sell SABMiller&#…

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EU regulators clear $100 billion-plus AB InBev, SABMiller deal