Beer Business Daily – beer industry news and numbers

Molson Coors in “Advanced Talks” to Buy SABMiller MillerCoors Stake, Says FT

Dear Client:Well, this is not exactly a surprise, but it signifies continued action behind the curtain: Ahead of tomorrow's deadline for A-B to make formal offer to buy SABMiller, Financial Times sources say Molson Coors is in "advanced talks to buy SABMiller's majority stake in their American joint venture." Recall that 42% MillerCoors owner Molson Coors has "first and final bid" on that remaining 58% stake anyhow, which some analysts have pegged to be worth between $10 billion and $13.5

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