AB InBev / Modelo

Anheuser-Busch InBev SA/NV agreed on June 29 to pay $20.1 billion in cash for the 50 percent of Mexican brewer Grupo Modelo S.A.B. de C.V. that AB InBev doesn’t already own. The buyer is offering $9.15 a share in cash for Modelo, a 30 percent premium to the target’s closing price on June 22, the last trading day before news of the talks broke.