Brewer buys rest of Grupo Modelo
Anheuser-Busch InBev agreed Friday to buy the half of Corona maker Grupo Modelo it doesn’t already own for $20.1 billion, in a deal that will greatly increase the size and dominance of the world’s largest brewer.
The acquisition would bring under one company many of the world’s best-known beer brands — Corona, Modelo and Pacifico would join AB InBev’s Budweiser, Beck’s and Stella Artois, among others.
The combined company would have annual sales of $47 billion, and employ 150,000 workers in 24 countries.
