InBev said it has closed its $52 billion (41 billion euro) deal to take over Anheuser-Busch to create the world’s largest brewer. The new company is called Anheuser-Busch InBev from Tuesday and will also be one of the top five global consumer products companies.
The deal should help Budweiser beer expand into emerging economies such as Asia and Russia, driving growth for the company as beer sales decline in North America and Europe. InBev said it now had all the regulatory clearances it needed. Last week it agreed to sell Labatt USA to win U.S. Department of Justice approval for the takeover.