MEXICO CITY (Reuters) - Alcoholic beverage maker Constellation Brands Inc said on Tuesday it is in the process of investing more than $2 billion in its Mexican installations. Constellation, which sells Mexican brewer Grupo Modelo's beers...Show More Summary
Constellation Brands, Inc. (NYSE:STZ) recently acquired the U.S. beer business of Grupo Modelo from Anheuser-Busch InBev NV (ADR) (NYSE:BUD) for $4.75 billion. Is this a good deal or a bad one, and how will if affect the stock price going forward? Constellation Brands is kind of a big deal Constellation Brands, Inc. (NYSE:STZ) has outperformed peers Anheuser-Busch [...]
The long acquisition is over. Anheuser-Busch InBev announced yesterday it had completed its acquisition of Mexican brewer Grupo Modelo in a deal valued at $20.1 billion that creates a combined company with approximately 400 million hectoliters of beer volume annually. As part of the transaction hammered out with the U.S. Show More Summary
A federal court has approved a settlement agreement between the Department of Justice and Anheuser-Busch InBev that will allow the mammoth beer corporation to complete its purchase of Grupo Modelo, a Mexico-based brewer that produces Corona, Pacifico, and other beers. Show More Summary
On Friday, the Department of Justice called off its antitrust case against Anheuser-Busch InBev (ABI), which had been poised to ake over Grupo Modelo, the Mexico-based brewer of Corona. ABI will still take over most of Modelo, but the...Show More Summary
The news that Anheuser-Busch InBev NV (ADR) (NYSE:BUD) InBev finally settled its differences with the Justice Department is welcome, as it allows the acquisition of Mexico’s Grupo Modelo to be finally completed. Bud didn’t get everything it wanted and has to sell the entire U.S. Modelo business to Constellation Brands, Inc. (NYSE:STZ) rather than just its [...]
Anheuser-Busch InBev has reached a final agreement with the U.S. Department of Justice that could settle a dispute over its $20.1 billion acquisition of the Mexican brewer Grupo Modelo. The world's largest...
In a settlement that includes one of the largest divestures of all time, beer giant Anheuser-Busch InBev reached a deal with the Department of Justice today to proceed with its acquisition of Grupo Modelo. But winning antitrust approval came at...
Mexico’s largest brewer Grupo Modelo said seven workers died in an accident on Sunday at a brewery in Mexico City.
Authorities in Mexico City said that 7 workers died today in a tank at a Grupo Modelo brewery. The 7 workers were cleaning the tank and may have died from toxic fumes. Authorities are currently investigating the deaths at the brewery in Mexico City. Jennifer Shelley, a spokeswoman for the company, said that the deaths [...]Show More Summary
An antitrust attorney has filed a private lawsuit on behalf of nine consumers, including six from St. Louis, against Anheuser-Busch InBev (ABI) and Grupo Modelo over their proposed $20.1 billion merger. The St. Louis Business Journal reports Joseph Alioto filed the suit in federal court in San Francisco, stating the acquisition will substantially lessen competition and/or [...]
Despite the progress made with the Justice Department, Anheuser-Busch InBev could be left bereft if a new lawsuit blocks its attempt to acquire the remaining stake in Mexican brewer Grupo Modelo that it doesn't already own. Last Friday...Show More Summary
Citing significant progress made in joint talks over its proposed acquisition of Grupo Modelo, brewing giant Anheuser-Busch InBev said all the parties, including the Justice Department, jointly asked the court to extend a stay due to...Show More Summary
In late January of 2013, the U.S. Justice Department announced that it would file a formal legal complaint in order to block a proposed merger between Belgium-based international drinks powerhouse Anheuser-Busch InBev NV (ADR) (NYSE:BUD) and Mexican beer distributor GRUPO MODELO SP ADR (PINK:GPMCY). Show More Summary
In a New York Times Magazine article, Adam Davidson examines what game theorists call a “trigger strategy,” and how it applies to pricing in the beer industry in general and Anheuser-Busch InBev's proposed buyout of Grupo Modelo.
The careful choreography of the Office Depot-OfficeMax merger went awry when the deal was accidentally leaked prematurely. | Anheuser-Busch InBev is in talks to try to resolve antitrust issues with its planned deal with Grupo Modelo....Show More Summary
Anheuser-Busch InBev and the Justice Department said Wednesday that they were in talks to resolve antitrust concerns over the beer maker's planned deal with Grupo Modelo, the maker of Corona beer and other brands.
AB InBev attempts to allay fears about Grupo Modelo purchase. 14 Feb 2013 1:02 PM
The world’s top brewer has quickly rejigged the $20 bln takeover of Grupo Modelo. If U.S. regulators now approve, the deal still makes sense for AB InBev, both financially and strategically. It will get bigger in Mexico and can still try to make Corona beer a global smash.
Anheuser-Busch InBev has revised the terms of its $20.1 billion takeover of Mexican brewer Grupo Modelo. ||| Brussels - Anheuser-Busch InBev, the world's largest brewer, has revised the terms of its $20.1 billion takeover of Mexican brewer Grupo Modelo to overcome US government objections that it would have restricted competition. Show More Summary