The brewing industry giant prepares for a huge transaction
The world's largest brewer, the Anheuser-Busch InBev may announce that the company will buy Modelo’s share package, that has not gained yet – Bloomberg has reported referring to unnamed sources close to the case. The transaction value may exceed 12 billion USD.
According to the source of Bloomberg, the transaction can be officially announced this week. The Belgium-based AB InBev had obtained 50 percent influence in the Mexican Grupo Modelo company earlier. The brewers also are among those companies that are trying to expand outside of Europe, because the high unemployment rates and poor the economic processes are undermining growth prospects.
The spokespersons of AB InBev and Grupo Modelo did not commented on the transaction.
Related news
Related news
SPAR’s innovative packaging solution that uses less plastic has been recognized with prestigious awards
SPAR Hungary’s innovative packaging technology has been honored with two…
Read more >Hungexpo: more than 23 thousand visitors visited the Travel+ Exhibition and the Budapest Boat Show
More than 23 thousand visitors visited the 47th Travel+ International…
Read more >Alibaba invests 50 billion euros in artificial intelligence and cloud technology
Chinese technology giant Alibaba has announced a major investment in…
Read more >