Anheuser-Busch InBev, Grupo Modelo To Combine

Published: 07/17/2012

BRUSSELS and MEXICO CITY (PRNewswire) — Anheuser-Busch InBev and Grupo Modelo last month announced they have entered into an agreement under which Anheuser-Busch InBev will acquire the remaining stake in Grupo Modelo that it does not already own.

The combination will be completed through a series of steps that will simplify Grupo Modelo’s corporate structure, followed by an all-cash tender offer by AB InBev for all outstanding Grupo Modelo shares. At the proposed $9.15 per share, the transaction is valued at $20.1 billion.