iBankCoin
Joined Nov 11, 2007
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Anheuser-Busch Buys Grupo Modelo

“The world’s largest brewer just got much larger. Anheuser-Busch InBev (NYSE: BUD) will buy the half of Grupo Modelo is does not already own. The price is $20.1 billion. Grupo Modelo is based in Mexico, and by some measures has most of the market for beer in that country. It also exports several products that are popular in the United States, such as Corona.”

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One comment

  1. The Equalizer

    …now if only they’d buy $BREW!

    (Disclosure: long BREW, and damn, I’m looking forward to a beer tonight.)

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