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InBev warns Anheuser-Busch on Modelo deal
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Posted on
Jun 16 2008 3:59 AM
by
adeal
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Belgian brewer InBev on Sunday warned Anheuser-Busch Cos. Inc. against doing a reported deal with Mexico's Grupo Modelo SAB, saying it could endanger the premium price it's willing to pay for the King of Beers. In a letter to Chief Executive Officer August Busch IV, InBev's Chief Executive, Carlos Brito, said that his company's proposed $46 billion offer for the nation's largest brewer was based on Anheuser-Busch's current assets, business and capital structure.
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