Fever-Tree Launches Share Buyback After Deal With U.S. Molson Coors
Fever-Tree Drinks said it reached a long-term partnership with Molson Coors to boost growth in the U.S. and that it would launch a share buyback. The London-listed mixer-maker on Thursday said Molson Coors would acquire an 8.
Molson Coors buys 8.5% stake in UK's Fevertree Drinks
Molson Coors Beverage (NYSE:TAP) has agreed to acquire an 8.5% stake in Fevertree Drinks, becoming its largest shareholder, as the Coors Light beer maker looks to expand its U.S. non-alc portfolio through a new strategic partnership,
Molson Coors to acquire stake in Fevertree
As part of the agreement, the beer giant will manage the sales, distribution and production of Fevertree’s products in the US.
Beer Giant Molson Coors Buys Stake in Mixer-Maker Fever-Tree
The London-listed mixer-maker said Molson Coors would acquire an 8.5% shareholding in Fevertree.
Fevertree shares fizz as tonic maker sells stake to US brewer Molson Coors
Molson Coors is snapping up an 8.5% stake in Fevertree for £71m and will take on exclusive sales, distribution and production of the carbonated mixer brand in the US.
Molson Coors and Fever-Tree announce strategic partnership
Molson Coors Beverage Company and Fever-Tree have announced a strategic partnership to expand Molson Coors’ non-alcoholic portfolio in the US.
City snapshot: Fever-Tree shares up 16% after Molson Coors buys stake
Molson Coors is buying a 8.5% stake in Fever-Tree for £71m as part of a long term partnership in the US, Liberation Labs closes a $50.5m fundraise, and retail crime hits all time high.
Molson Coors secures exclusive rights to Fever Tree in £71m deal
Molson Coors has acquired an 8.5% stake in British drinks company Fever Tree in a £71m deal that enables the mixer brand to “unlock growth” across the US.
Molson Coors Buys 8.5% Stake in UK's Fevertree for $88 Million
(Reuters) - Coors Light beer maker Molson Coors will take a 8.5% stake in UK's Fevertree Drinks for 71 million pounds ($88.3 million) to expand its portfolio of non-alcoholic beverage offerings in the U.S., the companies said on Thursday.
Fevertree shares soar after Molson Coors takes stake
By Shashwat Awasthi (Reuters) -Shares of Fevertree Drinks surged almost 24% after Molson Coors took an 8.5% stake in a $88 million deal that gives the beer giant exclusive rights to market the British company's cocktail mixers and tonic water in the United States.
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Fever-Tree And Its Co-Founder Tim Warrilow Are Still Challenging Industry Norms
Using only the finest natural ingredients, Fever-Tree would carve out an entirely new category and challenge the bland products used in bars and restaurants. Ones poured from soda guns and plastic ...
Analysts Offer Insights on Consumer Goods Companies: Celsius Holdings (CELH) and Fevertree Drinks (OtherFQVTF)
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Celsius Holdings (CELH – Research ...