Tag Archive: Corona
News Briefs for April 5, 2013
•Anheuser-Busch InBev (ABI) is reportedly nearing a settlement with the U.S. Department of Justice (DOJ) regarding its plan to purchase the 50% of Grupo Modelo it doesn’t yet own. Continue reading →
Posted in News on April 5, 2013ABI Pays $20B For Remaining 50% Modelo Stake, As Constellation Makes Deal To Retain U.S. Rights
Anheuser-Busch InBev (ABI) has agreed to acquire the 50% stake in Mexico’s Grupo Modelo that it doesn’t already own, in a $20 billion deal that creates a global brewing colossus with annual beer sales of around 400 million cases and nearly $50 billion in yearly revenue. Continue reading →
Posted in News on June 29, 2012News Briefs for November 18, 2011
•Diageo’s global distribution pact with Jose Cuervo Tequila expires in just over 18 months, and CEO Paul Walsh says renewal will require some changes to the deal. Continue reading →
Posted in News on November 18, 2011News Briefs for June 8, 2011
•After selling its Widmer winery to Hazlitt 1852 Vineyards last year, Constellation has made a $16.5 million investment to expand production at its Canandaigua winery and create a new warehouse and distribution center nearby, which will become one of the company’s North American distribution hubs. Continue reading →
Posted in News on June 8, 2011
