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Anheuser Busch Inbev SA Commences Cash Tender Offer For Grupo Modelo SAB de CV

Wednesday, 1 May 2013 08:00pm EDT 

Anheuser Busch Inbev SA announced that a wholly-owned subsidiary is commencing the previously announced tender offer for all outstanding shares of Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC) ("Modelo") that the Company does not already own for USD 9.15 per share in cash. The tender offer is being made pursuant to the Transaction Agreement between the Company, Anheuser-Busch International Holdings, Inc., Anheuser-Busch México Holding, S. de R.L. de C.V., Modelo and Diblo, S.A. de C.V, dated June 28, and announced on June 29, 2012. The Board of Directors of Modelo unanimously approved the Transaction Agreement and related transactions. 

Company Quote

26 Mar 2015