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Anheuser-Busch InBev Buys Rest of Maker of Corona Beer

Anheuser-Busch InBev agreed on Friday to buy the half of the Mexican brewer Grupo Modelo it does not already own for $20.1 billion, the latest deal in the fast-consolidating global brewing industry. Anheuser-Busch InBev, whose brands include Budweiser and Stella Artois, said it will pay $9.15 for each share of Grupo Modelo, a 30 percent premium to the company’s closing share price on June 22 before the deal was first reported.

Source:Anheuser-Busch InBev Buys Rest of Maker of Corona Beer

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