Grupo Modelo S.A.B. DE C.V. The Antitrust Commission in Mexico has authorized the combination resulting from the acquisition of the remaining stake of Grupo Modelo by Anheuser-Busch InBev Mexico City, November 15, 2012. Pursuant to the Press Release issued on June 29, 2012, Grupo Modelo, S.A.B. de C.V. and Subsidiaries (“GMODELO”) (BMV: GMODELO), the leader in Mexico in beer production, distribution and marketing, informs investors that on November 15, 2012, the antitrust commission in Mexico, Comisi?n Federal de Competencia, notified its resolution of November 8, 2012 through which it authorized, with no conditions, the combination that will result from the acquisition by Anheuser-Busch InBev SA/NV (EURONEXT: ABI) (NYSE: BUD), of the remaining stake of GMODELO that it does not already own directly or indirectly.
Obtaining the before mentioned authorization or no-contest resolution by the Comisi?n Federal de Competencia, satisfies one of several conditions to the obligation of Anheuser-Busch InBev SA/NV to begin the Tender Offer for the remaining stake of GMODELO.
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 13 brands, including Corona Extra, the number one Mexican beer sold in the world, Modelo Especial, Victoria, Pac?fico and Negra Modelo. It exports six 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 and the Danish beer Carlsberg. Through a strategic alliance with Nestl? Waters, it produces and distributes in Mexico the bottled water brands Sta. Mar?a and Nestl? 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.