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Molson Coors Acquires Ownership of MillerCoors Joint Venture

By January 1, 2016Top News

molson_coorsMolson Brewing Company announced an agreement with Anheuser-Busch InBev to purchase SABMiller’s 58-percent stake in MillerCoors for $12 billion. Under the agreement, Molson Coors will acquire full ownership of the Miller brand portfolio outside the U.S., and retain the rights to the MillerCoors portfolio in the U.S. market. Molson Coors expects the transaction to add about $4.7 billion in revenue.

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