Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Modelo Surges on AB InBev Revised Deal With Constellation

Grupo Modelo SAB rose the most in seven months after Anheuser-Busch InBev reached a revised agreement with Constellation Brands Inc. to allay antitrust concern on its bid to buy the Mexican brewer.

Modelo’s stock jumped 4.4 percent to 113.58 pesos at the close of Mexico City trading, the biggest increase since June 25. The benchmark IPC index fell 0.5 percent.

AB InBev agreed to sell the Piedras Negras brewery and grant perpetual rights to Constellation for the Corona and Modelo brands in the U.S. The revised agreement is an effort to address the concern of the U.S. Department of Justice, which filed an antitrust suit against AB InBev to stop the acquisition.

“We believe that after this announcement, the probabilities that the transaction will be completed have increased, as Anheuser-Busch is tackling the DOJ’s main concern,” analysts led by Karla Miranda at Grupo Bursatil Mexicano wrote in a report today.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.