Inactive Instrument

Grupo Modelo SAB de CV

MXP4833F1044

Brewers

End-of-day quote Mexican S.E. Other stock markets
- ^MXN	-

2014	American Airlines Group Inc : In U.S. mergers, no one waits for this waiting period	RE
2014	Alimentation Couche-Tard Inc : Brewer Grupo Modelo to sell Extra retail business to Circle K	RE

Grupo Modelo SAB de CV : Grupo Modelo continues discussions with US Department of Justice

April 05, 2013 at 06:04 pm

MarketScreener.com By

Grupo Modelo S.A.B. DE C.V. Grupo Modelo continues discussions with US Department of Justice Mexico City, April 5, 2013. Grupo Modelo, S.A.B. de C.V. and Subsidiaries (BMV: GMODELO), the leader in Mexico in beer production, distribution and marketing, announced that together with Anheuser-Busch InBev (Euronext: ABI; NYSE: BUD), Constellation Brands, Inc. (NYSE: STZ, STZ.B) and Crown Imports LLC have reached an agreement in principle with the U.S. Department of Justice on a proposed resolution to the Department of Justice's litigation challenging AB InBev's proposed acquisition of the remaining stake in Grupo Modelo that it does not already own. The proposed resolution is substantially in line with the revised transaction announced on February 14, 2013.

In connection with this agreement, the parties and the Department of Justice have jointly approached the Court and requested an extension of the stay of the proceedings until April 23,
2013. The parties stated in their filing with the Court that they expect for this to be their final request to extend the stay. Approval of the transaction, and the timing of such action, remain subject to the finalization of the relevant documentation with the DOJ and other parties, and approval by the Court.
The revised transaction with Constellation remains subject to regulatory approval in Mexico.
Transaction Website: www.globalbeerleader.com

Grupo Modelo, founded in 1925, is the leader in Mexico in beer production, distribution and marketing. It has a total annual installed capacity of 71.5 million hectoliters. Currently, it brews and distributes 14 brands, including Corona Extra, the number one Mexican beer sold in the world, Modelo Especial, Victoria, Pacífico and Negra Modelo. It exports seven brands and is present in more than 180 countries. It is the importer of Anheuser-Busch InBev's products in Mexico, including Budweiser, Bud Light and O'Doul's. It also imports the Chinese Tsingtao Brand, the Danish beer Carlsberg, and Spanish beer Mahou Cinco Estrellas. Through a strategic alliance with Nestlé Waters, it produces and distributes in Mexico the bottled water brands Sta. María and Nestlé Pureza Vital, among others. Grupo Modelo trades in the Mexican Stock Exchange since 1994 with the ticker symbol GMODELOC and in 2011 it was included in its Sustainability Index. It also quotes as an ADR under the ticker GPMCY in the OTC markets and in Latibex in Spain as XGMD.

Investor Relations

Begoña Orgambide (52-55) 1103-5740
ir@gmodelo.com.mx www.gmodelo.mx

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Latest news about Grupo Modelo SAB de CV

American Airlines Group Inc : In U.S. mergers, no one waits for this waiting period	14-03-05	RE
Alimentation Couche-Tard Inc : Brewer Grupo Modelo to sell Extra retail business to Circle K	14-02-10	RE
Neftyanaya kompaniya LUKOIL OAO : Mexico draws over $7 billion in foreign investment at Davos	14-01-24	RE
ANHEUSER-BUSCH INBEV : Big Mexican brewers forced to open local beer market	13-07-11	RE
Grupo Modelo SAB de CV : Constellation Brands sees no change in beer pricing plan	13-05-03	RE
Constellation Brands, Inc. : U.S., beer giant InBev settle dispute over Modelo buy	13-04-19	RE
Grupo Modelo SAB de CV : AB InBev says Modelo deal largely in line with its revisions	13-04-19	RE
ANHEUSER-BUSCH INBEV : AB InBev, Justice Department are near an agreement in beer deal	13-04-05	RE
Grupo Modelo SAB de CV : SABMiller sees more LatAm growth, Brazil at standstill	13-03-25	RE
Grupo Modelo SAB de CV : U.S. judge approves delay in Justice Dept-InBev beer fight	13-03-20	RE
Constellation Brands, Inc. : Justice, AB InBev seek to extend delay in big beer deal	13-03-15	RE
InBev, Justice Department seek delay in courtroom beer fight	13-02-20	RE
SABMiller plc : SABMiller CEO's successor to get less boost from deals	13-02-20	RE
Constellation Brands, Inc. : AB InBev revises Modelo deal to clear U.S. objections	13-02-14	RE
Grupo Modelo SAB de CV : In beer antitrust case, U.S. puts successful theory to a new test	13-02-06	RE
Constellation Brands, Inc. : AB InBev could keep Mexico prize with brewery sale	13-02-01	RE
AB INBEV : Constellation attacks DOJ reasoning in move to block Modelo deal	13-02-01	RE
AB INBEV : U.S. sues to stop beer deal to unite Bud and Corona	13-01-31	RE
AB INBEV : Mexico's Modelo says sale to AB InBev will not close in first quarter	13-01-31	RE
Grupo Modelo SAB de CV : AB InBev says to vigorously contest DOJ challenge to Modelo buy	13-01-31	RE
Grupo Modelo SAB de CV : Constellation buying out Modelo beer importer	12-06-29	RE
Companhia de Bebidas das Americas-AmBev : AB InBev buys out Corona maker Modelo for $20 billion	12-06-29	RE
Grupo Modelo SAB de CV : Modelo seen holding cards in AB InBev talks	12-06-25	RE
Companhia de Bebidas das Americas-AmBev : AB InBev in talks to buy Mexico's Modelo	12-06-25	RE
Grupo Modelo SAB de CV : AB InBev says in talks with Corona brewer Modelo	12-06-25	RE

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