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US: Modelo's domestic business priority for Anheuser-Busch InBev
date:Feb 05, 2013
m the US side of the Modelo business and instead concentrate on other markets. Modelo's brands are currently distributed in the US through Crown Imports, a JV the Mexican brewer has with Constellation Brands. Constellation is due to take full control of Crown, if the A-B InBev, Modelo deal goes through.

Meanwhile, Levy said that the delay in the deal is costing A-B InBev time and money. She flagged that the brewer has already borrowed around $7.5bn to help fund the deal.

While rates are low,

12/25 16:33