SUBSCRIBERS
Molson Coors said to be near deal to buy rest of MillerCoors
Published Wed, Nov 11, 2015 · 09:50 PM
New York
MOLSON Coors Brewing Co is close to an agreement to buy the rest of MillerCoors from SABMiller, a person briefed on the deal said.
SABMiller plans to sell its 58 per cent stake in MillerCoors to Molson Coors, said the person, who spoke on the condition of anonymity because the deal terms are private. The companies are expecting to announce the deal on Wednesday, the person said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Billionaire Geiger is said to near US$7 billion L’Occitane buyout
HCA beats first-quarter profit estimates on higher patient admissions
US FDA approves Pfizer’s gene therapy for rare bleeding disorder
EU toughens rules on Chinese fashion retailer Shein
Best World under fire from shareholders at AGM over dividends, director salaries
‘Extreme’ climate blamed for world’s worst wine harvest in 62 years