date:Jul 04, 2012
would happen.
Rationale for sale?
Before the AB InBev deal Modelo management had fought to retain their independence, Szilagyi said, adding that in 2012 the firm even switched its Chinese distribution from AB InBev to Carlsberg.
I think that Heinekens entry to the market was probably one of the reasons why Modelos owners decided to sell now,Szilagyi said.
But there are also other factors, such as the anti-monopoly law, which came into effect in 2011, trying to reduce the power of the duopoly