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>> GRUPO MODELO Latest News

APR 23, 2013 - NPR

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Court Approves Anheuser-Busch InBev Deal To Buy Grupo Modelo

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. The deal, which requires AB InBev to sell all of Modelo's U.S. business, clears the way for the $20.1 billion acquisition of the remaining portion of Modelo that AB InBev did not yet own.

Tags: Court Approves Anheuser-Busch InBev Deal To Buy Grupo Modelo,  Grupo Modelo Latest News