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Stock Market & Financial Investment News

News Breaks
June 27, 2014
06:23 EDTTAP, SBMRY, BUDMolson CEO won't rule out buying SABMiller's stake in JV, WSJ reports
Peter Swinburn, the CEO of Molson Coors (TAP), says he won't rule out buying SABMiller's (SBMRY) 58% stake in MillerCoors, their U.S. joint venture, if it becomes available, the Wall Street Journal reports. Anheuser-Busch InBev (BUD) has been speculated as a potential acquirer of SABMiller, and a combined company could be required to divest MillerCoors. Reference Link
News For TAP;SBMRY;BUD From The Last 14 Days
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August 18, 2014
13:03 EDTTAPMolson Coors, Heineken expand marketing partnership in Canada
Molson Coors and Heineken announced that they have expanded their marketing partnership in Canada, whereby Molson Coors Canada will assume responsibility for distributing five additional Heineken brands in Canada. The new, multi-year agreement further strengthens the existing Molson Coors and Heineken relationship. In addition to Heineken, Murphy’s, Newcastle and Strongbow, Molson Coors Canada will assume the rights to market and sell Dos Equis, Sol, Tecate, Birra Moretti and Desperados. Beginning on January 1, 2015, Molson Coors Canada will have the rights to market and distribute these brands on behalf of Heineken. As part of the new agreement, Molson Coors has also agreed to extend the existing partnership with Heineken to distribute Coors Light in Ireland.
August 14, 2014
10:05 EDTTAPOn The Fly: Analyst Initiation Summary
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06:44 EDTTAPMolson Coors initiated with an Outperform at Credit Suisse
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