AB InBev Deal for Modelo Said to Be Valued at About $20 Billion
Anheuser-Busch InBev NV (ABI) may spend about $20 billion to buy the rest of Grupo Modelo SAB, Mexico’s biggest brewer, according to a person with knowledge of the matter.
The amount is the enterprise value for the transaction and would include a premium for Modelo as well as a payment to Constellation Brands Inc. (STZ) to buy a stake in a distribution joint venture, said the person, who declined to be identified because the matter is private.
To contact the reporter on this story: Jeffrey McCracken in New York at jmccracken3@bloomberg.net
To contact the editor responsible for this story: Jennifer Sondag at jsondag@bloomberg.net
AB InBev Deal for Modelo Said to Be Valued About $20 Billion
Susana Gonzalez/Bloomberg News.
Corona beer bottles move on the production line at the Grupo Modelo SAB beer factory in the state of Zacatecas, Mexico.
Corona beer bottles move on the production line at the Grupo Modelo SAB beer factory in the state of Zacatecas, Mexico. Photographer: Susana Gonzalez/Bloomberg News.
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