Friday, June 20

Could This Be A Sign Of Hope? Grupo Mondelo CEO Resigns A-B Board

The same day that board members of Anheuser- Busch were to meet to discuss the offer made by InBev, Carlos Fernandez president and chief executive of Grupo Mondelo SAB announces his resignation. While Fernandez would not state his reason for the sudden departure, Grupo Mondelo offered a statement saying he had resigned to "avoid the appearance of any conflict."
Some are speculating that this could be a sign that the majority of board members may be in favor of opposing the offer and are meeting to look at ways to decline the offer.

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