Grupo Modelo Says It's in Strategic Talks With AB InBev

Grupo Modelo SAB, Mexico’s largest brewer, confirmed it is in strategic talks with Anheuser-Busch InBev NV (ABI) to expand its current relationship.

“These talks might or might not lead to a consummation of a transaction and any speculation on the terms and conditions is premature,” Grupo Modelo said today in a statement to the Mexican stock exchange.

To contact the reporter on this story: Brendan Case in Dallas at

To contact the editor responsible for this story: Jose Enrique Arrioja at

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.