AB InBev looks to fight DOJ lawsuit over Modelo, FT reports AB InBev (BUD) has signaled it intends to contest a Department of Justice lawsuit that seeks to block its $20B deal to take full control of Grupo Modelo (GPMCF), the Financial Times reports. Reference Link
AB InBev announces $1B share buyback program The board has approved a share buyback program for an amount of $1B, which will be conducted during the course of this year. The company's current intention is to use the shares acquired to fulfill its various share delivery commitments under the stock ownership plan. The program will be executed under the powers granted at the General Meeting of Shareholders on April 30.