When did Grupo Modelo buy and sell its brands?

Grupo Modelo has completed 0 recorded acquisitions and 1 divestiture or spin-off, spanning 2013 to 2013.

Date	Type	Assets	Counterparty	Value
Jun 2013	Divestiture	Corona (United States), Modelo Especial and Pacífico	Constellation Brands	$4.75bn

2013

Divestiture closed Closed 7 June 2013

Constellation Brands acquires Corona (United States), Modelo Especial and Pacífico

To settle the Department of Justice lawsuit blocking AB InBev's acquisition of Grupo Modelo, AB InBev sold Constellation Brands the perpetual rights to Corona, Modelo Especial and Pacífico in the United States, together with the Piedras Negras brewery. This is why Corona has a different owner in the United States than everywhere else.

Value: $4.75bn
Buyer: Constellation Brands
Seller: AB InBev, Grupo Modelo
Regulatory: Cleared with remedies

Brands Grupo Modelo once owned

Ownership recorded here as having ended, whether or not a deal record with a filing behind it exists for the transfer.

Brand	Owned from	Until	Owner today
Pacífico	Jan 1900	Jun 2013	Constellation Brands
Corona (United States)	Jan 1925	Jun 2013	Constellation Brands
Modelo Especial	Jan 1925	Jun 2013	Constellation Brands
Corona	Jan 1925	Jun 2013	AB InBev