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Grupo Modelo SAB de CV (Grupo Modelo) is a Mexico-based company primarily engaged in the production and sale of beer in Mexico and abroad. It markets trough 13 beer brands such as Corona Extra ...
Anheuser-Busch InBev and Grupo Modelo are currently the number-one and -three brewers in the U.S. market, respectively. Two of the world's biggest beer companies are ready to join forces.
BRUSSELS, Belgium -- Anheuser-Busch InBev will buy the remaining stake it does not already own in Grupo Modelo S.A.B. de C.V. for $20.1 billion. A-B InBev already owns more than a 50-percent stake ...
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.
Grupo Modelo is a large brewery in Mexico, It has 63% of the Mexican beer market, and exports beer to the United Kingdom, United States and Canada (via a joint venture with Molson Coors Brewing ...