Did Anheuser-Busch & InBev resolve antitrust lawsuit against Grupo Modelo?

The U.S. Department of Justice and Anheuser-Busch InBev (ABI) have resolved the antitrust lawsuit that threatened to derail the beer maker’s multibillion-dollar acquisition of competitor Grupo Modelo.

Does Bud Light own Grupo Modelo?

In 2012, Bud Light’s parent company Anheuser-Busch InBev announced a deal to acquire the remainder of Grupo Modelo, which owns the Modelo beer brand, that it did not already own. AB InBev previously owned more than a 50% stake in Grupo Modelo before the deal was announced.

Does AB InBev own Modelo?

AB InBev still owns the Modelo brand elsewhere in the world, but not in the United States. That means sales of Modelo in the U.S. go to Constellation Brands, not AB InBev. Bud Light’s parent company AB InBev does not own Modelo. Constellation Brands purchased the brand due to a federal settlement agreement.