A-B InBev Purchases Grupo Modelo

Corona is one of the brands now under the A-B Inbev banner. Photo courtesy Creative Commons.

After a week of negotiating Anheuser-Busch InBev has reached a deal to purchase Mexican Brewer Grupo Modelo for  $20.1 billion according to the St. Louis Post-Dispatch.

The deal is expected to become final in the first quarter of 2013 pending regulatory approvals and will give A-B InBev a 53 percent market share.

Together, the two companies will total $47 billion in revenue.

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