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Molson Coors, Fevertree
Fevertree shares soar as Molson Coors takes stake, gains US distribution rights
By Shashwat Awasthi (Reuters) -Shares of Fevertree Drinks surged almost 24% after Molson Coors' took an 8.5% stake in the firm, in a deal giving the beer giant exclusive rights to market the British company's cocktail mixers and tonic water in the United States.
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.
Molson Coors (NYSE:TAP) Taps Fever-Tree for Sweeter U.S. Drinks Business
Miller Lite brewer Molson Coors (TAP) says it will expand its U.S. soft drinks business through a strategic partnership with UK-based
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.
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 taps Molson Coors with £71m stake sale to fuel US growth
Fevertree sells an 8.5% stake to Molson Coors to boost its US expansion. Discover how this £71m deal, combined with an exclusive licensing agreement, might reshape the premium mixer’s future.
Molson Coors to acquire 8.5% stake in Fevertree, gets commercialization rights
Molson Coors (TAP) is expanding its U.S. non-alcoholic portfolio through a new strategic partnership with Fevertree Drinks. Starting February
Fever-Tree sells £71m stake to Molson Coors
The sale of an 8.5% shareholding in Fever-Tree is part of a broader partnership between the two firms, with Molson Coors now exclusively responsible for the sales, distribution and production of the Fever-Tree brand in the US.
MARKET REPORT: Fevertree soars by 20% as US brewer buys stake
US brewer Molson Coors is to buy an 8.5% stake in Fevertree for £71m, with the proceeds to be returned to shareholders via a share buyback.
Molson Coors secures Fever-Tree’s U.S. rights
Molson Coors expands its U.S. non-alcoholic portfolio with a new strategic partnership with Fevertree Drinks plc.
23h
Molson Coors Takes 8.5% Ownership Stake In Fever-Tree To Stir Up US Mixer Game: Details
Molson Coors Beverage Company (NYSE:TAP) has formed a strategic alliance with Fever-Tree Drinks plc to broaden its portfolio ...
23h
on MSN
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 ...
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