Mexico's Modelo Shares Soar After Bid for Anheuser

Mexico City, June 12 - Shares of Mexican brewer Modelo, the maker of Corona beer, jumped more than 8 percent on Thursday after giant Belgian brewer InBev bid $46.3 billion for U.S. brewer Anheuser-Busch Cos Inc, which owns 50 percent of Modelo.

Modelo stock was up 8.1 percent to 59 pesos in opening trades.