Seven Workers Die in Accident at Grupo Modelo Brewery in Mexico

FEMSA BEERS by kirinqueenBloomberg, 4/7/13

Grupo Modelo SAB, Mexico’s largest brewer, said seven workers died in an accident at its Mexico City brewery. The deaths occurred today in “a confined area of a tank in which cleaning and maintenance work was being done,” Jennifer Shelley, a spokeswoman for the Mexico City-based company, said in a statement. The brewer has contacted authorities and the families of the deceased workers, she said.

Modelo, which makes Corona beer and has agreed to be acquired by Anheuser-Busch InBev NV (ABI), is investigating the cause of the accident, Shelley said. Mexican newspaper Milenio reported that the deaths were due to unspecified toxins. Shelley declined to comment on the report.

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AB InBev offers Modelo deal concessions

FEMSA BEERS by kirinqueenFinancial Times, 2/14/2013

Anheuser-Busch InBev has offered to offload assets and licences in a bid to win regulatory approval for its $20bn takeover of Grupo Modelo, the Mexican brewer.

The world’s largest brewer by sales has offered to sell a high-tech brewery in Mexico and offload its US perpetual rights over the Corona and Modelo beer brands in response to the US Department of Justice’s lawsuit to block the takeover on antitrust grounds.

It also intensified its estimation of revenue and cost benefits by $400m to $1bn annually in the process. Carlos Brito, chief executive, said he believed the changes addressed DoJ concerns. “And the deal is even better because we uncovered more synergies,” he said.

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Brewer opposes Mexico’s participation in appeal

Associated Press, 10/5/2010

Arizona Gov. Jan Brewer is opposing a court ruling that lets other countries file a friend-of-the-court brief in her appeal of a decision that put parts of the state’s new immigration law on hold.

Mexico and 10 other Latin American countries were granted permission by the 9th U.S. Circuit Court of Appeals to present their viewpoints.

Brewer’s lawyers told the appeals court that the opinions of foreign countries have no bearing on whether the law is constitutional. The governor says she was offended that foreign governments were meddling in a domestic legal dispute.

Mexico was joined in its brief by Argentina, Boliva, Brazil, Chile, Costa Rica, Ecuador, El Salvador, Nicaragua, Paraguay and Peru.

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