Inactive Instrument

Grupo Modelo SAB de CV

MXP4833F1044

Brewers

End-of-day quote Mexican S.E. Other stock markets
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2014	American Airlines Group Inc : In U.S. mergers, no one waits for this waiting period	RE
2014	Alimentation Couche-Tard Inc : Brewer Grupo Modelo to sell Extra retail business to Circle K	RE

Grupo Modelo SAB de CV : AB InBev says in talks with Corona brewer Modelo

June 25, 2012 at 11:29 am EDT

MarketScreener.com By The editorial team

BRUSSELS (Reuters) - Anheuser-Busch InBev (>> AB INBEV), the world's largest brewer, said on Monday it was in discussions with Mexican brewer Modelo (>> Grupo Modelo SAB de CV) about increasing its stake in the Corona beer maker, but that it was too early to give details.

"There have been discussions between the company and Grupo Modelo regarding a possible transaction to expand its current relationship," AB InBev said in a statement.

Sources told Reuters earlier that the Belgian-based group was in talks to buy the 50 percent of Modelo that it does not already own, in a potential deal that could top $10 billion.

The Belgian regulator suspended AB Inbev's shares before the announcement by the company, which brews Budweiser and Stella Artois.

(Reporting by Robert-Jan Bartunek; editing by Rex Merrifield)

Stocks treated in this article : AB INBEV, Grupo Modelo SAB de CV, HEINEKEN

Latest news about Grupo Modelo SAB de CV

American Airlines Group Inc : In U.S. mergers, no one waits for this waiting period	14-03-05	RE
Alimentation Couche-Tard Inc : Brewer Grupo Modelo to sell Extra retail business to Circle K	14-02-10	RE
Neftyanaya kompaniya LUKOIL OAO : Mexico draws over $7 billion in foreign investment at Davos	14-01-24	RE
ANHEUSER-BUSCH INBEV : Big Mexican brewers forced to open local beer market	13-07-11	RE
Grupo Modelo SAB de CV : Constellation Brands sees no change in beer pricing plan	13-05-03	RE
Constellation Brands, Inc. : U.S., beer giant InBev settle dispute over Modelo buy	13-04-19	RE
Grupo Modelo SAB de CV : AB InBev says Modelo deal largely in line with its revisions	13-04-19	RE
ANHEUSER-BUSCH INBEV : AB InBev, Justice Department are near an agreement in beer deal	13-04-05	RE
Grupo Modelo SAB de CV : SABMiller sees more LatAm growth, Brazil at standstill	13-03-25	RE
Grupo Modelo SAB de CV : U.S. judge approves delay in Justice Dept-InBev beer fight	13-03-20	RE
Constellation Brands, Inc. : Justice, AB InBev seek to extend delay in big beer deal	13-03-15	RE
InBev, Justice Department seek delay in courtroom beer fight	13-02-20	RE
SABMiller plc : SABMiller CEO's successor to get less boost from deals	13-02-20	RE
Constellation Brands, Inc. : AB InBev revises Modelo deal to clear U.S. objections	13-02-14	RE
Grupo Modelo SAB de CV : In beer antitrust case, U.S. puts successful theory to a new test	13-02-06	RE
Constellation Brands, Inc. : AB InBev could keep Mexico prize with brewery sale	13-02-01	RE
AB INBEV : Constellation attacks DOJ reasoning in move to block Modelo deal	13-02-01	RE
AB INBEV : U.S. sues to stop beer deal to unite Bud and Corona	13-01-31	RE
AB INBEV : Mexico's Modelo says sale to AB InBev will not close in first quarter	13-01-31	RE
Grupo Modelo SAB de CV : AB InBev says to vigorously contest DOJ challenge to Modelo buy	13-01-31	RE
Grupo Modelo SAB de CV : Constellation buying out Modelo beer importer	12-06-29	RE
Companhia de Bebidas das Americas-AmBev : AB InBev buys out Corona maker Modelo for $20 billion	12-06-29	RE
Grupo Modelo SAB de CV : Modelo seen holding cards in AB InBev talks	12-06-25	RE
Companhia de Bebidas das Americas-AmBev : AB InBev in talks to buy Mexico's Modelo	12-06-25	RE
Grupo Modelo SAB de CV : AB InBev says in talks with Corona brewer Modelo	12-06-25	RE

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	1st Jan change	Capi.
ANHEUSER-BUSCH INBEV SA/NV	-4.18%	119B
HEINEKEN N.V.	-1.48%	55.14B
CONSTELLATION BRANDS, INC.	+5.10%	46.46B
AMBEV S.A.	-10.20%	36.95B
HEINEKEN HOLDING N.V.	-2.35%	22.83B
CARLSBERG A/S	+9.23%	18.96B
ASAHI GROUP HOLDINGS, LTD.	+3.25%	17.45B
CHINA RESOURCES BEER (HOLDINGS) COMPANY LIMITED	+5.41%	14.93B
TSINGTAO BREWERY COMPANY LIMITED	+9.73%	12.78B

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