AB InBev Files With U.S. to Suspend Modelo Suit

Anheuser-Busch InBev NV and the U.S. said they are in talks to resolve the government’s lawsuit to block the brewer’s purchase of Grupo Modelo SAB and asked to suspend the litigation until March 19.

In a joint court filing, AB InBev and the Justice Department said the government is looking at whether a revised plan to sell control of all Modelo brands in the U.S., and a brewery in Mexico, to Constellation Brands Inc. would allay antitrust concerns. A break in the proceedings “would be beneficial” for a potential resolution, according to the request filed yesterday with a federal judge in Washington.