Search results
Results from the WOW.Com Content Network
A Modelo business in the Mexican state of Oaxaca. Grupo Modelo began in 1925, and its founders were a group of twenty-five Spanish immigrants among whom stood out: Braulio Iriarte, owner of bakeries and Molino Euzkaro, in Mexico City, and Martín Oyamburu, industrialist, banker and landowner, founder of Hulera Euzkadi, Banco Crédito Español de México, S.A., and oil fields in the Veracruz ...
The long acquisition is over. Anheuser-Busch InBev announced yesterday it had completed its acquisition of Mexican brewer Grupo Modelo in a deal valued at $20.1 billion that creates a combined ...
Anheuser-Busch InBev N.V. (NYSE: BUD) may yet buy Mexican brewer Grupo Modelo, despite early resistance from the U.S. Department of Justice. To close a transaction, the larger company probably ...
The maker of the "The King of Beers" will not be expanding its kingdom. Anheuser-Busch InBev S.A./N.V. (NYSE: BUD), itself a creation of a merger, probably will be blocked from buying Grupo Modelo ...
This transaction was valued at US$20.1 billion. To satisfy US anti-trust demands, on 7 June 2013 AB InBev sold its Grupo Modelo’s US business, including Grupo Modelo’s brand naming rights and one of the breweries in Piedras Negras in Mexico, for approx. US$4.75 billion to Constellation Brands, a competitor of AB Inbev in some beverage sectors.
In 2000, he was recognized as one of the “global leaders for tomorrow” by the World Economic Forum; in 2002, he received the award for the best international strategist granted by Latin American Business Awards; in 2004, for the role he has played as CEO of Grupo Modelo he received the “World 2004” prize offered by the Mexican business publication Mundo Ejecutivo; in 2005 he was named ...
Get breaking news and the latest headlines on business, entertainment, politics, world news, tech, sports, videos and much more from AOL
Extra was a Mexican convenience store chain owned by Grupo Modelo, which started operations in 1993. In 2007 the chain closed 650 stores [ 1 ] and in 2009 started another restructuring plan. [ 2 ] It competes fiercely with OXXO from Femsa , 7-Eleven from Casa Chapa , SuperCity from Soriana and Circle K from Alimentation Couche-Tard .