US: Judge throws out bid to block Anheuser-Busch InBev, Modelo deal

By | 5 June 2013

The deal completed yesterday

The deal completed yesterday

A US district judge has dismissed a last-minute legal bid by a group of consumers to block Anheuser-Busch InBev's acquisition of Grupo Modelo, according to reports. 

The nine consumers had filed a request for a temporary restraining order over the US$20.1bn deal off the back of a previously filed anti-trust lawsuit. But during a hearing in San Francisco yesterday, US district judge Maxine Chesney said it would be “difficult and awkward at this point to set aside the transaction”, Bloomberg reported

“The plaintiff would have to show that it is not a legitimate transaction, that it’s a sham,” the judge was quoted as saying. “I do not find that the plaintiff has made that showing by this time.”

The deal, which completed yesterday, had been the subject of a separate anti-trust lawsuit, filed by the US Department of Justice. However, A-B InBev agreed a number of concessions to satisfy regulators' concerns

Expert analysis

Anheuser-Busch InBev NV/SA : Consumer Packaged Goods - Company Profile, SWOT & Financial Report

Canadean's "Anheuser-Busch InBev NV/SA : Consumer Packaged Goods - Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts,major products and services, swot analysis, business description, company history, key competitors, financial analysis, mergers & acquisitions, key employees, company locations and subsidiaries as well as employee biographies.

Sectors: Beer & cider

Companies: InBev, Modelo

View next/previous articles

Currently reading -

US: Judge throws out bid to block Anheuser-Busch InBev, Modelo deal

There are currently no comments on this article

Be the first to comment on this article

Related research

Anheuser-Busch InBev Germany Holding GmbH in Alcoholic Drinks (Germany)

Anheuser-Busch InBev Germany’s strategic direction is mainly in line with the international parent company and the company does not have a lot of room for self-governance. Partial autonomy is granted, however, due to the fact that Germany is amongst ...

Anheuser-Busch InBev NV/SA : Consumer Packaged Goods - Company Profile, SWOT & Financial Report

Canadean's "Anheuser-Busch InBev NV/SA : Consumer Packaged Goods - Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts,major product...

Anheuser-Busch InBev NVSA (ABI) - Financial and Strategic SWOT Analysis Review

Anheuser-Busch InBev NVSA (ABI) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unb...

Related articles

just For Subscribers - The week in drinks

Here are the ten most viewed, subscriber-only items on just-drinks this week:

just the Round-Up - The week in drinks

The top ten stories published on just-drinks this week:

The just-drinks Interview - Budejovicky Budvar CEO, Jirí Bocek - Part II

In the first part of just-drinks' interview with the head of Czech brewer Budejovicky Budvar, Jirí Bocek discussed the company's ownership structure and its position in the Czech beer market. Here, in part two, he tells us about his plans beyond Czech and gives us his view on the never-ending legal tussle with Anheuser-Busch InBev.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page