AB InBev To Acquire Remaining Stake In Grupo Modelo

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Anheuser-Busch InBev
BUD
announced its plans to buy the remaining stake in Grupo Modelo SAB
GPMCY
for $9.15 per share in a transaction worth $20.1 billion. The offer price represents a premium of about 30% to Grupo Model's closing price on June 22. AB InBev already owns a 50% stake in Grupo Modelo. Anheuser-Busch InBev shares closed at $73.79 yesterday, while Grupo Modelo shares closed at $85.92 yesterday.
Posted In: NewsM&Amerger and acquisition
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