Entries tagged "Grupo Modelo"
Will other breweries be gulped up now that Anheuser-Busch Cos. and InBev SA are merging in a $52 billion deal to create the world's largest brewer? There is supposedly a possibility that there may be a M&A wave in the beverage industry due to the deal. ...
Constellation Brands Inc.'s quarterly earnings are up 6%, and its joint venture with Grupo Modelo SAB de CV will "remain intact," CEO Rob Sands said during a conference call. ...
InBev SA late Sunday urged Anheuser-Busch Cos. not to consider alternative transactions before examining its own $46.3 billion offer amid speculation that the maker of Budweiser had approached its Mexican joint venture partner. ...
InBev SA indicated that it would be happy to keep Anheuser-Busch Cos.' 50% stake, sell it back to Grupo Modelo SAB de CV or buy the company outright with InBev stock, according to a report on CNBC. ...