11 February 2014
Mexican brewer Grupo Modelo, part of Anheuser-Busch InBev, is to divest its Extra convenience store business to Círculo K, subject to regulatory approval. Grupo Modelo to focus on beer business
The brewer is to concentrate on producing, distributing and selling beer, with the Círculo K stores remaining "one of our most important clients."
Círculo K to operate more than 1,000 store...