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Entries tagged "Modelo"

SABMiller stays mum on Modelo

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 announces restructuring to up the ante?

Is Anheuser-Busch Cos. announcing a restructuring to up the ante?  Probably. ...


Anheuser-Busch to reject InBev's offer

There are reports that Anheuser-Busch Cos. may reject InBev SA's offer this week, claiming that it undervalues the companny. The Wall Street Journal reported that Anheuser-Busch will reject the offer and unveil a $1 billion cost-cutting plan to appease its own investors, setting the stage for a hostile takeover by InBev. ...


SABMiller, InBev play games with Modelo?

There are now rumors that SABMiller plc held talks to explore merger options with Grupo Modelo SAB de CV and InBev SA, according to Reuters. The discussions have included the possibility of SABMiller acquiring part or all of Modelo, if InBev succeeds in its proposed $46.3 billion takeover of Anheuser-Busch Cos....


Modelo CEO resigns from Anheuser board

Grupo Modelo SAB de CV CEO Carlos Fernandez has resigned from Anheuser-Busch Cos.' board of directors, according to Reuters. ...



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Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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