Pursuits
AB InBev Said to Name Aramburuzabala, Diez Morodo to Its Board
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Anheuser-Busch InBev NV, which agreed to buy the remaining 50 percent of Grupo Modelo SAB for $20.1 billion today, will name Modelo’s vice chairman and vice president to its board, according to a person with knowledge of the situation.
AB InBev will appoint Maria Asuncion Aramburuzabala and Valentin Diez Morodo, said the person, who did not wish to be named because the news has not yet been publicly announced. Aramburuzabala and Diez Morodo are on the board of Mexico-city based Modelo.