Will DOJ Require Divestiture of Big Modelo Brewery?

November 12, 2012Dear Client:The Department of Justice may require Grupo Modelo to divest of its huge Piedras Negras brewery in order for AB Inbev's pending acquisition to move forward, according to sources close to the FTC and DOJ, says the Capital Forum. Just as the Feds required ABI to jettison Labatt to NAB and for NAB to find production elsewhere (ended up with Molson), it becomes conceivable that Corona could be produced by somebody (perhaps Constellation) who buys the Piedras