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South Africa watchdog seeks fifth extension for regulatory scrutiny of SAB, AB InBev deal

Reuters - UK Focus

JOHANNESBURG, May 5 (Reuters) - South Africa's competition watchdog will ask for another extension to scrutinise Anheuser-Busch InBev's planned $106 billion takeover of SABMiller (Xetra: BRW1.DE - news) , its spokesman said on Thursday.

The watchdog was due to finish its investigation on Thursday, after it was granted a 15-day extension to complete its scrutiny. It (Other OTC: ITGL - news) has already extended the deadline four times.

"I confirm that the competition Commission will not be issuing a decision on the SAB/ABInbev merger today. There will be another extension," Competition Commission spokesman Itumeleng Lesofe told Reuters, without elaborating.

Lesofe said details would be provided at a later stage. (Reporting by Nqobile Dludla; Editing by James Macharia)