US antitrust issue could sink $20.1bn AB InBev, Grupo Modelo deal – report

By Ben BOUCKLEY contact

- Last updated on GMT

US antitrust issue could sink AB InBev, Grupo Modelo deal – report
Anheuser-Busch InBev (AB InBev) could walk away from its $20.1bn takeover of Grupo Modelo if US regulators insist it sell the latter’s newest bottling plant to win approval for the deal, Bloomberg reports.

Citing two people ‘familiar with the matter’, the news outlet said that if US Justice Department requested that AB InBev divest the $600m site in Piedras Negras, Mexico, could scupper the takeover, which was announced in late June 2012​, and was approved in Mexico in November.

Alternatively, the sources reportedly said that such a regulatory move could trigger litigation.

Related news