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Anheuser Busch Inbev SA Announces Expiration Of Tender Offer For All Outstanding Grupo Modelo SAB de CV’s Shares
Grupo Modelo SAB de CV announced that on May 31, 2013 Anheuser Busch Inbev SA (AB InBev) informed about the expiration of the tender offer by its wholly owned subsidiary, Anheuser-Busch Mexico Holdings SRL de CV, to acquire all outstanding shares of Grupo Modelo SAB de CV (Modelo) not already owned by AB InBev for USD 9.15 per share in cash. The tender offer expired at 2:00 p.m., Mexico City time, on May 31, 2013. The exchange agent for the tender offer has advised that, as of the expiration of the tender offer, a preliminary total of 1,966,744,040 shares had been tendered into and not withdrawn from the tender offer, representing approximately 89% of Modelo’s outstanding Series C shares not previously owned by AB InBev. When added to AB InBev’s existing ownership interest in Modelo, AB InBev and its affiliates will, following the settlement of the tender offer, own approximately 95% of Modelo’s outstanding shares. All shares that were validly tendered into the tender offer and not properly withdrawn have been accepted for payment and will be paid for promptly in accordance with the terms of the tender offer.
Latest Developments for Grupo Modelo SAB de CV
- Grupo Modelo SAB de CV Completes Sale of Its US Business To Constellation Brands, Inc; Establishes Transition Services Agreement With Anheuser Busch Inbev SA And Constellation Brands, Inc
- Anheuser Busch Inbev SA Completes Combination with Grupo Modelo SAB de CV And Announces Settlement Of Tender Offer
- 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
- Anheuser Busch Inbev SA Commences Cash Tender Offer For Grupo Modelo SAB de CV
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