Anheuser-Busch InBev, the world’s largest brewer, said Monday that a New York arbitration panel has ruled that its ownership of a 50 percent stake in Grupo Modelo is legitimate, dismissing the Mexican beermaker’s $2.5 billion claim.
Ending the dispute could open the way to AB InBev increasing its stake in Modelo, Mexico’s largest brewer and producer of the Corona brand, analysts say. Get the full story »
