Molson Coors Archives - Manitoba Co-operator

SABMiller, whose brands in Canada include Miller and Foster’s, and AB InBev, whose Canadian brands include Keith’s, Labatt Blue and 50 and Kokanee, are now expected to close their merger by Oct. 10. (Keiths.ca/SABMiller.com)

SABMiller investors approve takeover by AB InBev

By GFM Network News, Martinne Geller, Philip Blenkinsop September 28, 2016

London/Brussels | Reuters — SABMiller shareholders overwhelmingly backed the brewer’s takeover by Anheuser-Busch InBev on Wednesday, clearing the last big hurdle for one of the largest corporate mergers in history. When the deal closes, which AB InBev said Wednesday it expects to happen Oct. 10, the combined group will sell more than a quarter of

AB InBev’s operations include Alexander Keith’s maker, Halifax-based Oland Breweries, which became part of Labatt in 1971. (Keiths.ca)

Crops, Markets

Rivals see local battles, not global war, with new beer giant

By GFM Network News, Philip Blenkinsop October 15, 2015

Copenhagen/Brussels | Reuters — The prospect of a new competitor that produces one third of an entire industry’s output would normally terrify rival companies, but brewing is different. The very local nature of lagers and ales, and the fact that a price war is seen as unlikely, mean global market leader Anheuser-Busch InBev’s imminent takeover

Cereals, Crops, Markets

Labatt’s owner wins over SABMiller at fifth attempt

By GFM Network News, Martinne Geller, Philip Blenkinsop October 13, 2015

Brussels/London | Reuters –– The world’s two biggest brewers agreed on Tuesday to create a company making almost a third of the world’s beer after SABMiller received an improved offer worth more than C$130 billion from larger rival Anheuser-Busch InBev. If it goes through, the deal would rank in the top five mergers in corporate

Crops

SABMiller rejects Labatt owner’s takeover approach

By GFM Network News, Martinne Geller, Philip Blenkinsop October 7, 2015

Brussels/London | Reuters –– SABMiller, the world’s second largest brewer, has promptly rejected an improved takeover proposal from Anheuser-Busch InBev, saying its 68 billion-pound (C$136 billion) valuation was “very substantially” under par. Refusal of the offer, made public Wednesday after earlier proposals were refused privately, opens the door to a week of intense wrangling before

Crops, Markets

Labatt owner AB InBev seeks US$275B tie-up with SABMiller

By GFM Network News, Martinne Geller, Philip Blenkinsop September 16, 2015

Brussels/London | Reuters — Anheuser-Busch InBev, the world’s largest brewer, has approached rival SABMiller about a takeover that would form a colossus producing a third of the world’s beer. A merged group would have a market value of around US$275 billion (C$363 billion) at current prices, and would combine AB InBev’s dominance of Latin America

Crops

Molson Coors sells U.K. malting business to Soufflet

By GFM Network News, Reuters January 26, 2015

London | Reuters — Molson Coors UK has agreed to sell its U.K. maltings business Shobnall Maltings to French grain buyer Soufflet Group, the two companies said in a joint statement Monday. The deal will allow Soufflet to enter the British malt market, the second largest in the European Union, while allowing Molson Coors to focus

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Daily Network News

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Tag Archives Molson Coors

SABMiller investors approve takeover by AB InBev

Rivals see local battles, not global war, with new beer giant

Labatt’s owner wins over SABMiller at fifth attempt

SABMiller rejects Labatt owner’s takeover approach

Labatt owner AB InBev seeks US$275B tie-up with SABMiller

Molson Coors sells U.K. malting business to Soufflet

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