AB InBev says Modelo deal largely in line with its revisions

BRUSSELS (Reuters) - Anheuser-Busch InBev <ABI.BR> said on Friday the full takeover of Mexico's Grupo Modelo <GMODELOC.MX> it agreed with the U.S. Justice Department was broadly in line with the revised terms it set out on February 14.

The world's largest beermaker said in a statement the deal included additional binding commitments designed to ensure prompt divestiture of assets to Constellation <STZ.N>, the build-out of the Piedras Negras brewery by Constellation and U.S. distribution guarantees for Constellation.

AB InBev said it expected the transaction to close in June.

(Reporting by Philip Blenkinsop)