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BEIJING, July 29 (Reuters) - China's Commerce Ministry saidon Friday that it had approved Anheuser-Busch InBev's takeover of SABMiller, conditional on Anheuser-Buschfulfilling an earlier agreement to sell SABMiller's stake in aChina beer venture.
China Resources Beer agreed in March to buy SABMiller'sstake in their CR Snow venture for a less-than-expected $1.6billion, removing a regulatory obstacle to the London-basedbrewer's takeover by Anheuser-Busch.
The ministry said that SABMiller had pledged to supportAnheuser-Busch in the sale of the Chinese venture.
(Reporting by Ben Blanchard and Winni Zhou; editing by AdrianCroft)