Heineken Takes a Keg Stand in Beer Wars With $4.1B Tiger Bid (Update 1)
After both acquisitions, Anheuser-Busch InBev will own Corona, Pacifico, Brahma, Presidente, Quilmes, and Modelo branded beers in Latin America, putting it in stiff regional competition with Heineken, which owns Dos Equis, Tecate and Sol beers.
AB InBev effectively gained a non- controlling 50% stake in Modelo when InBev bought Anheuser-Busch in 2008 for $52 billion, in the biggest-ever beer merger.
To combat declining sales in key U.S. and Canadian beer markets Molson Coors (TAP) recently acquired Czech Republic-based StarBev, the brewer of Staropramen beer, in a $3.5 billion deal that will push the company into heavy-drinking eastern European emerging economies.
In late 2011, SABMiller (SAB) , the world's second-biggest brewer by volume, bought Australia's Fosters Group for about $10.5 billion.
For a breakdown by Euromonitor of beer growth markets, see the fastest-growing drunk nations.
-- Written by Antoine Gara in New York