Pursuits
AB InBev Said to Near Modelo Takeover for $12 Billion
This article is for subscribers only.
Grupo Modelo SAB, Mexico’s biggest brewer, rose the most in more than 2 1/2 years in Mexico City trading in anticipation of an offer from Anheuser-Busch InBev NV for the remainder of the company.
The shares gained as much as 12 percent, the steepest intraday advance since Oct. 2, 2009. They were up 9.8 percent at