Mexican brewer Grupo Modelo will start trading on Spain's Latibex index of Latin American companies on November 13, the Latibex said on November 4. Bank Santander Central Hispano will act as a market maker for the Series C shares in Modelo, which makes the popular Coronita brand beer, it said in a statement. Grupo Modelo, Mexico's largest brewer 50-percent owned by the world's No. 1 brewer, Anheuser-Busch Cos. Inc., said last week it was in advanced talks with the Bank of New York regarding the listing of American Depositary Receipts.
07 November, 2003