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Mexico's Modelo challenges InBev takeover of Anheuser-Busch

Mexico's Modelo argues that its partnership with Anheuser-Busch allows it to block the InBev takeover of the St. Louis-based company. (A-B owns half of Modelo's shares.) Many observers believe that Modelo really hopes to negotiate to improve its autonomy after the Brazilian-Belgian InBev acquires Anheuser-Busch. For details, see the Wall Street Journal story here.

Posted by David Fahey on October 17, 2008 at 10:03 PM in Beer, Belgium, Brazil, Brewing , Mexico, United States | Permalink