The tender offer is being made pursuant to the transaction agreement between AB InBev, Anheuser-Busch International Holdings Inc, Anheuser-Busch México Holding S de RL de CV, Modelo and Diblo SA de CV, dated 28 June, and announced on 29 June 2012.
The board of directors of Modelo unanimously approved the transaction agreement and related transactions.
The tender offer is scheduled to expire at 2pm Mexico City time on 21 May 2013, unless the offer is extended.
Following the settlement of the tender offer, AB InBev will establish a trust that will accept further tenders of shares by Modelo shareholders over a period of up to 25 months after the tender offer closing.
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