Beverage Industry

AB InBev acknowledges Grupo Modelo talks

June 26, 2012

Anheuser-Busch InBev (AB InBev), Leuven, Belgium, released a statement regarding speculation about a possible merger between AB InBev and Grupo Modelo, saying the following:

“AB InBev routinely considers a variety of strategic options to create value for its shareholders. There have been discussions between the company and Grupo Modelo regarding a possible transaction to expand its current relationship. These discussions may or may not lead to a transaction and any speculation on terms and conditions is therefore premature. There is a long history of partnership between AB InBev and Grupo Modelo, and AB InBev has great admiration for the Modelo business and its brands.”