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Anheuser-Busch, DOJ reportedly close to $20 billion merger deal

The U.S. government sued to block the AB InBev-Grupo Modelo merger in January, citing antitrust concerns

A blockbuster merger between Anheuser-Busch InBev (AB InBev) and Corona beer maker Grupo Modelo may pass Department of Justice (DOJ) scrutiny after all, now that the breweries have reportedly restructured the takeover to alleviate antitrust concerns.

AB InBev already owns a 50 percent noncontrolling stake in the Mexican brewery, but antitrust officials balked at a deal in which AB InBev would have acquired the rest of Grupo Modelo for $20.1 billion. The takeover would have given the third-party Constellation Brands Inc., a wine maker and distributor, the right to market, price and distribute the Modelo brands in the U.S. for at least 10 years.

Alanna Byrne

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