Update: ABI Nearing Deal for Modelo

June 25, 2012Dear Client:As reported last night, Anheuser-Busch Inbev is apparently nearing a deal to buy the 50% of Grupo Modelo that it doesn't already own, says the Wall Street Journal and others last night, sourcing people "familiar with the matter." The cost: an estimated $12 billion. Yes, twelve billion for half, "though an exact price and deal terms couldn't be learned," says the Journal. Timing is also "uncertain" but could come as early as this week. But, as we