06.24.2008 2:09 pm
New twist on beer talks: Report links SABMiller and Modelo
St. Louis Post-Dispatch
Everyone seems to believe that Mexico’s Grupo Modelo will play a pivotal role in the outcome of InBev’s attempt to buy Anheuser-Busch. As such, speculation ran rampant when Modelo’s CEO left the A-B board last week. Was he having trouble negotiating a deal with A-B? Was he already talking to InBev on his own? Now Reuters raises a third possibility: Its sources say that Modelo has met with SABMiller to explore the possibility of a merger.
One thing’s for sure: With all three of the world’s largest brewers eyeing Modelo, anyone who succeeds in buying 100 percent control is going to pay a high price.
(2 votes, average: 4.5 out of 5)
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David Nicklaus has covered St. Louis business for more than 25 years. His column appears three days a week on the Post-Dispatch business page. 
Sounds like Grupo Modelo is a smart bunch…create a bidding war!!!