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>> GRUPO MODELO Latest News

MAR 15, 2013 - Yahoo! News

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Justice, AB InBev seek to extend delay in big beer deal

By Diane Bartz WASHINGTON (Reuters) - The U.S. Justice Department and beer giant Anheuser-Busch InBev , embroiled in a battle over whether AB InBev can expand its stake in Mexico's Grupo Modelo , asked a court on Friday to extend a delay in the court fight as they hold settlement talks. "The parties agree that an extension of the current stay will likely enable the parties to complete their discussions," AB InBev, Modelo and Constellation Brands said in a statement. "There can be no assurance that the ongoing discussions will be successful," they added. ...

Tags: Justice, AB InBev seek to extend delay in big beer deal,  Grupo Modelo Latest News