Mum's the word from SABMiller plc CEO Graham Mackay about whether his company has approached Grupo Modelo SAB de CV, according to a Reuters report. The rumored discussions have included the possibility of SABMiller acquiring part or all of the Mexican brewer best known for Corona, if InBev succeeds in its proposed $46.3 billion takeover of Anheuser-Busch Cos.
Anheuser-Busch, which owns 50.2% of Modelo, has also reportedly held talks with Grupo Modelo about an acquisition in an attempt to thwart InBev's offer. The thinking is that a combined Anheuser-Busch and Grupo Modelo would be too costly for InBev. Shortly after the rumors emerged, Modelo CEO Carlos Fernandez resigned from Anheuser-Busch's board of directors.
By Chelsea A. Grayson and Mary C. Warner, Jones Day
Terms and structures now used to get deals done are post-closing purchase price payments, earnouts, simultaneous acquisitions, rollups, payments in kind and joint ventures.
Mum's the word from SABMiller plc CEO Graham Mackay about whether his company has approached Grupo Modelo SAB de CV, 
