Grupo Modelo

Anheuser-Busch InBev
4:57 pm
Tue June 4, 2013

Anheuser-Busch InBev Completes $20.1B Grupo Modelo Deal

Anheuser-Busch InBev

Anheuser-Busch InBev has completed its $20.1 billion purchase of Mexican brewer Grupo Modelo.

The world's largest brewer has been trying for almost a year to buy the half of Modelo that it did not already own. The Department of Justice initially blocked the deal, concerned that it would hurt U.S. beer shoppers' choices, but signed off on the combination after AB InBev agreed to sell Modelo's entire U.S. business to a wine maker, Constellation Brands Inc.

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Business
2:55 pm
Fri April 19, 2013

Dept. Of Justice Signs Off On Anheuser-Busch InBev Purchase Of Grupo Modelo

Anheuser-Busch InBev will now be able to market Corona abroad
Credit Anheuser-Busch InBev

The Department of Justice announced on Friday that it has reached an official settlement with Anheuser-Busch InBev and Grupo Modelo.  The deal will allow AB InBev to proceed with its $20 billion purchase of the Mexican brewer.

AB InBev, has been trying to complete a buyout of Modelo, maker of the popular Corona brand, since last June.

The Department of Justice sued to block the purchase out of concerns the deal would put too much price control in the hands of two companies, AB InBev and MillerCoors. 

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AB InBev
5:24 pm
Fri April 5, 2013

AB-InBev, Federal Government Reach Agreement On Grupo Modelo Purchase

Anheuser-Busch InBev and the Department of Justice have reached a deal that will allow AB-InBev to buy the rest of Grupo Modelo, the maker of Corona.
(via Flickr/ Jirka Matousek)

Beer giant Anheuser Busch has reached a deal with the Justice Department that will allow the company to purchase Mexican brewer Grupo Modelo.

AB InBev announced last June its plans to purchase the half of Grupo Modelo it did not already own for $20 billion. The federal government filed suit in January, saying the deal would drive up beer prices.

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