AB InBev Seals $20 Billion Modelo Purchase to Gain Corona Owner

AB InBev Seals $20 Billion Modelo Purchase to Gain Corona Owner

Susana Gonzalez/Bloomberg

Bottles of Grupo Modelo SAB brand beer are displayed for a photograph in Mexico City, Mexico. AB InBev already owns a non-controlling 50 percent stake in Modelo, which it gained when InBev NV bought Budweiser brewer Anheuser-Busch Cos. in 2008 for $52 billion in the biggest brewing deal ever.