BRUSSELS (Reuters) - Anheuser-Busch InBev, the world's biggest brewer, said it would swallow the half of Grupo Modelo it does not already own for $20.1 billion in the latest of a string of deals by big brewers looking for growth in emerging markets.
Similar Stories to Ab Inbev Buys Out Corona Maker Modelo For $20 Billion on Bing News
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Fri, 06/29/2012 - 12:07am
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BING NEWS:
- AB InBev Stock Jumps as Higher Prices Offset Weak North American Sales
The brewing giant behind brands like Budweiser and Corona saw its revenue increase from the first quarter of 2023 as higher prices offset a slight drop in total volumes.
05/8/2024 - 6:42 am | View Link - AB InBev reports higher-than-expected revenue in first quarter despite ongoing weakness in the US
Anheuser-Busch InBev reported higher-than-expected revenue in the first quarter despite lower sales in the U.S. and China.
05/8/2024 - 4:01 am | View Link - AB InBev's profits are growing as the Bud Light boycott eases
Anheuser-Busch InBev saw a strong first quarter, as the impact of last year’s Bud Light boycott shows signs of softening.
05/8/2024 - 2:44 am | View Link - AB InBev stock price surges today on financial results release a underlying profits rise
AB InBev, the brand behind Budweiser and Corona beers, reported their Q1 2024 financial results today. Comparatively, year-on-year, the company saw less revenue growth year-on-year than in 2023, but ...
05/7/2024 - 10:16 pm | View Link - AB InBev – Q1 in line, full-year profit guidance on track
AB InBev’s first-quarter results were broadly ... That's played into the group's hands as strong brands like Budweiser and Corona have reaped the rewards of the shift. Footholds in less ...
05/7/2024 - 9:12 pm | View Link - More
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