date:Feb 17, 2013
re.
But AB InBev would have the right to end the import agreement with Crown after 10 years.
Now AB Inbev is willing to sell Modelo's Piedras Negras brewery in Mexico and give perpetual rights for Corona and the Modelo brands in the U.S. to Constellation for $2.9 billion. That's in addition to selling Constellation the half of Crown it does not already own for $1.85 billion. Under the revised agreement, Constellation, whose brands include Robert Mondavi, Clos du Bois and Manischewitz, would be