Acquisition, Alcoholic Drinks | featured news

US challenges deal to merge Budweiser and Corona

Corona

The Justice Department filed a lawsuit Thursday to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona.

 

AB InBev buys out Corona maker Modelo for $20 billion

InBev

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.

 

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