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US Government Challenges Anheuser Busch Inbev SA's purchase Of Grupo Modelo SA de CV-Reuters
Reuters reported that U.S. government has filed a lawsuit seeking to stop Anheuser Busch InBev SA from buying the half of Mexican brewer Grupo Modelo SA de CV that it does not already own, saying the $20.1 billion deal could mean higher U.S. beer prices. AB InBev said it will fight back in federal court, calling the Justice Department's decision to sue to stop the deal inconsistent with the law, the facts and the reality of the market place.
Latest Developments for Anheuser Busch Inbev SA
- Anheuser Busch Inbev SA Commences Cash Tender Offer For Grupo Modelo SAB de CV
- Court Allows Settlement Among the Department of Justice, Anheuser Busch Inbev SA, Grupo Modelo SAB de CV and Constellation Brands Inc
- Anheuser Busch Inbev SA Settle Dispute Over Modelo Buy-Reuters
- Grupo Modelo SAB de CV, Constellation Brands Inc, Crown Imports And Anheuser Busch Inbev SA Reach Agreement With Department Of Justice On Litigation; Parties Request Extension Of Proceedings
Latest Key Developments in Beverages
- SABMiller PLC Recommends Final Dividend
- Beijing Yanjing Brewery Co Ltd to Issue Shares
- Grupo Modelo SAB de CV Issues Prospectus On Corporate Restructuring And Divestiture Of Certain Assets, Including Sale Of Total Stake In Crown Imports LLC To Constellation Brands Inc
- Companhia de Bebidas das Americas AmBev to Transfer All Shares to Ambev SA
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