Latest Grupo Modelo Sp ADR (GPMCY) Headlines
Anheuser-Busch InBev Completes Sale of Grupo Modelo's U.S. Business
PR Newswire - Fri Jun 07, 3:45PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD) today announced that it has successfully completed the sale of Grupo Modelo's (BMV: GMODELOC) U.S. business to Constellation Brands, Inc. (NYSE: STZ, STZ.B). The transaction includes the sale of Grupo Modelo's Piedras Negras brewery, Grupo Modelo's 50% stake in Crown Imports and perpetual rights to Grupo Modelo's brands distributed by Crown in the U.S. Constellation will now be an independent brewer and marketer of beer in the U.S.
Anheuser-Busch InBev Completes Combination with Grupo Modelo
PR Newswire - Tue Jun 04, 12:17PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD) and Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC) today announced that AB InBev has successfully completed its combination with Grupo Modelo in a transaction valued at USD 20.1 billion.
Anheuser-Busch InBev Announces Expiration of Tender Offer for All Outstanding Grupo Modelo Shares
PR Newswire - Fri May 31, 7:12PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD) ("AB InBev") announced today the expiration of the tender offer by its wholly owned subsidiary, Anheuser-Busch Mexico Holdings S.R.L. de C.V., to acquire all outstanding shares of Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC) ("Modelo") not already owned by AB InBev for USD 9.15 per share in cash.
Grupo Modelo Mergers Effective; Anheuser-Busch InBev to Launch Tender Offer in Coming Days
PR Newswire - Thu Apr 25, 3:08PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD) today announced the completion of the mergers of Diblo, S.A. de C.V. and Dirección de Fábricas, S.A. de C.V. with and into their affiliate, Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC). Following the mergers, AB InBev's economic interest in the Grupo Modelo companies remains largely unchanged at 50.3% and AB InBev has the right to appoint a tenth director on Grupo Modelo's 20-person Board of Directors.
Court Allows Settlement Among the DOJ, Anheuser-Busch InBev, Grupo Modelo and Constellation Brands to Proceed
PR Newswire - Mon Apr 22, 4:57PM CDT
The Court today signed the previously announced stipulation and order between Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD), Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC), Constellation Brands, Inc. (NYSE: STZ, STZ.B) and the Department of Justice that resolves the Department of Justice's challenge to AB InBev's proposed acquisition of the remaining shares of Grupo Modelo that it does not already own. The parties had requested the Court's signature of the stipulation and order last Friday, April 19, 2013.
Anheuser-Busch InBev Statement Regarding Discussions with DOJ
PR Newswire - Fri Apr 05, 4:10PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD), Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC), Constellation Brands, Inc. (NYSE: STZ, STZ.B) and Crown Imports LLC have reached an agreement in principle with the U.S. Department of Justice on a proposed resolution to the Department of Justice's litigation challenging AB InBev's proposed acquisition of the remaining stake in Grupo Modelo that it does not already own. The proposed resolution is substantially in line with the revised transaction announced on February 14, 2013.
Anheuser-Busch InBev and Constellation Brands Announce Revised Agreement for Complete Divestiture of U.S. Business of Grupo Modelo
PR Newswire - Thu Feb 14, 1:00AM CST
Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) and Constellation Brands, Inc. (NYSE: STZ, STZ.B) today announced a revised agreement that establishes Crown Imports as the #3 producer and marketer of beer in the U.S. through a complete divestiture of Grupo Modelo's (BMV: GMODELOC) U.S. business. The transaction establishes Crown as a fully owned entity of Constellation, and provides Constellation with independent brewing operations, Modelo's full profit stream from all U.S. sales, and rights in perpetuity to the Grupo Modelo brands distributed by Crown in the U.S.
Anheuser-Busch InBev Supports Constellation Brands and Crown Import's Request to Be Joined to the DOJ Lawsuit
PR Newswire - Fri Feb 08, 3:09PM CST
Anheuser-Busch InBev (Euronext: ABI)(NYSE: BUD) today confirmed that it has filed a memorandum with the United States District Court for the District of Columbia in support of Constellation Brands, Inc. ("Constellation") and Crown Import LLC's ("Crown") Motion to Intervene as parties to the antitrust complaint filed by the U.S. Department of Justice (the "DOJ") on January 31. Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC) has joined in the filing. This filing is in connection with AB InBev's pending transaction to acquire the remaining shares in Modelo that it does not already own.
Anheuser-Busch InBev Completes Sale of Grupo Modelo's U.S. Business
PR Newswire - Fri Jun 07, 3:45PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD) today announced that it has successfully completed the sale of Grupo Modelo's (BMV: GMODELOC) U.S. business to Constellation Brands, Inc. (NYSE: STZ, STZ.B). The transaction includes the sale of Grupo Modelo's Piedras Negras brewery, Grupo Modelo's 50% stake in Crown Imports and perpetual rights to Grupo Modelo's brands distributed by Crown in the U.S. Constellation will now be an independent brewer and marketer of beer in the U.S.
Anheuser-Busch InBev Completes Combination with Grupo Modelo
PR Newswire - Tue Jun 04, 12:17PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD) and Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC) today announced that AB InBev has successfully completed its combination with Grupo Modelo in a transaction valued at USD 20.1 billion.
Anheuser-Busch InBev Announces Expiration of Tender Offer for All Outstanding Grupo Modelo Shares
PR Newswire - Fri May 31, 7:12PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD) ("AB InBev") announced today the expiration of the tender offer by its wholly owned subsidiary, Anheuser-Busch Mexico Holdings S.R.L. de C.V., to acquire all outstanding shares of Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC) ("Modelo") not already owned by AB InBev for USD 9.15 per share in cash.
Grupo Modelo Mergers Effective; Anheuser-Busch InBev to Launch Tender Offer in Coming Days
PR Newswire - Thu Apr 25, 3:08PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD) today announced the completion of the mergers of Diblo, S.A. de C.V. and Dirección de Fábricas, S.A. de C.V. with and into their affiliate, Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC). Following the mergers, AB InBev's economic interest in the Grupo Modelo companies remains largely unchanged at 50.3% and AB InBev has the right to appoint a tenth director on Grupo Modelo's 20-person Board of Directors.
Court Allows Settlement Among the DOJ, Anheuser-Busch InBev, Grupo Modelo and Constellation Brands to Proceed
PR Newswire - Mon Apr 22, 4:57PM CDT
The Court today signed the previously announced stipulation and order between Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD), Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC), Constellation Brands, Inc. (NYSE: STZ, STZ.B) and the Department of Justice that resolves the Department of Justice's challenge to AB InBev's proposed acquisition of the remaining shares of Grupo Modelo that it does not already own. The parties had requested the Court's signature of the stipulation and order last Friday, April 19, 2013.
Anheuser-Busch InBev Statement Regarding Discussions with DOJ
PR Newswire - Fri Apr 05, 4:10PM CDT
Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD), Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC), Constellation Brands, Inc. (NYSE: STZ, STZ.B) and Crown Imports LLC have reached an agreement in principle with the U.S. Department of Justice on a proposed resolution to the Department of Justice's litigation challenging AB InBev's proposed acquisition of the remaining stake in Grupo Modelo that it does not already own. The proposed resolution is substantially in line with the revised transaction announced on February 14, 2013.
Anheuser-Busch InBev and Constellation Brands Announce Revised Agreement for Complete Divestiture of U.S. Business of Grupo Modelo
PR Newswire - Thu Feb 14, 1:00AM CST
Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) and Constellation Brands, Inc. (NYSE: STZ, STZ.B) today announced a revised agreement that establishes Crown Imports as the #3 producer and marketer of beer in the U.S. through a complete divestiture of Grupo Modelo's (BMV: GMODELOC) U.S. business. The transaction establishes Crown as a fully owned entity of Constellation, and provides Constellation with independent brewing operations, Modelo's full profit stream from all U.S. sales, and rights in perpetuity to the Grupo Modelo brands distributed by Crown in the U.S.
Anheuser-Busch InBev Supports Constellation Brands and Crown Import's Request to Be Joined to the DOJ Lawsuit
PR Newswire - Fri Feb 08, 3:09PM CST
Anheuser-Busch InBev (Euronext: ABI)(NYSE: BUD) today confirmed that it has filed a memorandum with the United States District Court for the District of Columbia in support of Constellation Brands, Inc. ("Constellation") and Crown Import LLC's ("Crown") Motion to Intervene as parties to the antitrust complaint filed by the U.S. Department of Justice (the "DOJ") on January 31. Grupo Modelo, S.A.B. de C.V. (BMV: GMODELOC) has joined in the filing. This filing is in connection with AB InBev's pending transaction to acquire the remaining shares in Modelo that it does not already own.
