Tag Archive: Grupo Modelo
ABI Says It Will Sell Modelo’s U.S. Business To Constellation In Attempt To Get Deal Done
Following the U.S. Department of Justice’s move to block Anheuser-Busch InBev’s proposed $20 billion acquisition of the 50% of Grupo Modelo it doesn’t already own, Anheuser-Busch Inbev (ABI) has agreed to divest itself of Modelo’s U.S. business. Continue reading →
Posted in News on February 14, 2013News Briefs for February 13, 2013
•Antonio Galloni, formerly lead critic for The Wine Advocate, is striking out on his own with a new “multimedia, technology-driven platform,” AntonioGalloni.com. Continue reading →
Posted in News on February 13, 2013ABI-Modelo Deal Could Be Salvaged With Brewery Disposals, Analysts Say
Anheuser-Busch InBev (ABI) faces several unpalatable options following the Justice Department’s move to block ABI’s proposed $20 billion acquisition of the 50% of Grupo Modelo it doesn’t already own. Continue reading →
Posted in News on February 5, 2013Anheuser-Busch, Constellation Hit By U.S. Suit To Block Takeover Of Modelo
The U.S. Department of Justice filed suit today in U.S. District Court to block Anheuser-Busch InBev’s $20.1 billion deal to acquire Grupo Modelo, arguing that the acquisition would result in “less competition and higher beer prices for American consumers.” Continue reading →
Posted in News on January 31, 2013News Briefs for January 17, 2013
•Rémy Cointreau’s sales in the nine-month period through December 30 were up 17.5% to €964.4 million ($1.29 billion), with Rémy’s own brands up by 20.6%. Continue reading →
Posted in News on January 17, 2013News Briefs for January 16, 2013
•Moët Hennessy-owned Glenmorangie has unveiled the fourth limited edition release—Ealanta—in its Private Edition range. Continue reading →
Posted in News on January 16, 2013