Anheuser-Busch InBev to get OK on Modelo purchase

04/8/2013 | Wall Street Journal, The

The U.S. Justice Department is expected to approve the second-largest beer deal ever, allowing Anheuser-Busch InBev to purchase Grupo Modelo for $20.1 billion. To reach the agreement, Anheuser-Busch InBev said it would sell assets worth $2.9 billion to Constellation Brands, including a Modelo brewery in Mexico and U.S. licensing rights to five Modelo brands.

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