Anheuser-Busch InBev Close To Buying Rest Of Grupo Modelo For More Than $12B
Belgium's Anheuser-Busch InBev NV is close to buying the remaining 50 percent of Grupo Modelo GPMCY SAB de CV, Mexico's largest brewer, that it does not own in a deal estimated to be worth more than $12 billion.
Anheuser-Busch InBev already holds a 50 percent, non-controlling stake in Grupo Modelo, a family controlled company that makes Corona Extra.
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