Jorge Paulo Lemann and two partners bought a middling Brazilian beer company named Brahma for $50m.
Brahma acquired Antarctica, a rival, to become AmBev.
Merger of AmBev with Interbrew, the Belgian seller of Stella Artois and Beck’s, created InBev.
InBev paid $52 billion for Anheuser-Busch of the United States.
the new Anheuser-Busch InBev paid $20 billion for full control of Grupo Modelo of Mexico.