A-B InBev in Talks With U.S. on Concessions for Modelo

Photo courtesy of Flickr

Anheuser-Busch InBev NV, the world’s biggest brewer, is in talks with the U.S. Justice Department about concessions that might win approval for its purchase of the half of Grupo Modelo SAB it doesn’t already own, three people familiar with the matter said.

The talks center on a long-term supply and pricing agreement between the merged company and Crown Imports LLC, which imports brands including Modelo’s Corona into the U.S., said the people, who asked not to be named because the discussions aren’t public and the government hasn’t decided whether to approve the acquisition. The talks aren’t focused on the divestiture of production assets, two of the people said.

Read more on Bloomberg

Tags:, , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students