Budweiser owner Anheuser-Busch InBev orders another half of Corona |
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This Is Money - By : ROGER BAIRD
The owner of Budweiser splashed out £12.9bn acquiring the remaining half of Mexican brewer Grupo Modelo it did not own.
Anheuser-Busch InBev will take control of the group that owns Corona beer as it seeks to cash in on fast growing markets.
The cash offer from the world’s biggest brewer values Grupo Modelo at 583p per share, a 30 per cent premium to June 22 – the day before news of the deal first emerged.
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