An arbitration panel has said that the combination of Anheuser-Busch and InBev did not violate the investment agreement between Anheuser-Busch and Mexican drinks giant Grupo Modelo.
The panel awarded no damages or other remedies.
A statement from Anheuser-Busch InBev said the company was “grateful to the panel for clarifying that there has been no breach of the investment agreement”.
AB InBev said it was looking forward to continuing its business relationship with Grupo Modelo.
The pricing structure of non-alcoholic spirits has a high level of elasticity - there’s already a broad spectrum of price points which consumers are trying to navigate.
