Thursday, February 22, 2024

Logo Central America Link

Modelo and AB InBev seal $20 billion deal

Wednesday, June 5, 2013

Mexico's Grupo Modelo and Belgium's Anheuser-Busch InBev officially announced the fusion of both companies.

The transaction is valued at slightly more than $20 billion, and the announcement comes after the public acquisition tender finished last week.

Both companies said the new alliance will substantially benefit their sales and international presence.

Full story (in Spanish)