Blog: Grupo Modelo - what gives?
Olly Wehring | 20 June 2008
Startling news to end the week on came in earlier this afternoon. The CEO of Grupo Modelo has quit his post on the board of Anheuser-Busch.
So, what's going on there, then? Neither side will say any more, but could it be, as one analyst reckons, that "Grupo Modelo doesn't want to get in the middle of the negotiations between InBev and A-B"?
Or has there been a falling-out between Carlos Fernandez and A-B? The US brewer has been rumoured to be looking to bid for the Mexican company, with A-B currently holding a 50%, non-controlling stake. The Fernandez family, which owns the other half and runs the company, is thought to prefer keeping Modelo in Mexican hands.
Curiouser and curiouser - what do you think?
Let us know.
For those people looking to the Red Planet as shining utopia away from all things earth, look away now....
Bacardi's 42 Below vodka brand has found a novel way to use the lemons left over from cocktail-making: Turn them into liquid soap....
Philadelphia’s soda tax came into force on Sunday, and is reportedly causing a stir in the city's check-out aisles....
Earlier this month, I was most-kindly invited by Accolade Wines to visit the Royal Albert Hall in London. The reason? They wanted to see a tennis great in action, and then give them a guided tour thro...
- Pernod's mood darkens over India - Analysis
- Have spirits companies forgotten the mainstream?
- Does alcohol accelerate the onset of dementia?
- Why Scotch must drop the 'malts good, blends bad'
- Ashwagandha - The next functional drinks trend?
- Diageo to cut 105 jobs in Scotland, 50 in Italy
- Distell acquires majority stake in Cruz Vodka
- Pernod Ricard YTD fiscal-2017 sales performance
- Cognac needs innovation at bottom end - Pernod
- William Grant names Europe & NA Travel Retail head
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global Champagne and sparkling wine insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Myanmar - ISA Country Report
- Flavoured Powder Drinks in 2017: Confronting an Ageing World