Molson Coors will pay £71m ($88m) for an 8.5% stake in Fever-Tree Drinks Plc: a deal which sent Fever-Tree shares soaring ...
Fever-Tree is already the largest tonic and ginger beer brand in the US by value: but the brand believes there’s still huge ...
Molson Coors Beverage Company (NYSE:TAP) has formed a strategic alliance with Fever-Tree Drinks plc to broaden its portfolio ...
As part of this expansion, Molson Coors will acquire an 8.5% stake in Fever-Tree, a leading U.K.-based tonic and mixer manufacturer, for £71 million ($88.3 million) in cash. This investment is a ...
By Shashwat Awasthi (Reuters) -Shares of Fevertree Drinks surged almost 24% after Molson Coors' took an 8.5% stake in the ...
Shares of Fevertree Drinks surged almost 24% yesterday after Molson Coors took an 8.5% stake in a $88m deal that gives the beer giant exclusive rights to market the UK company's cocktail mixers and ...
Miller Lite brewer Molson Coors (TAP) says it will expand its U.S. soft drinks business through a strategic partnership with UK-based ...
However, Fever-Tree continued to maintain its leadership position, increasing market share in the UK by +0.7% and performing well in products outside tonic water (such as ginger-beer). Indeed ...
Underpinning the partnership and reflecting Molson Coors’ long-term focus on – and belief in – the opportunity, the company has agreed to acquire an 8.5% stake in Fevertree Drinks plc, resulting in ...
Related Read: Alcohol Giant Diageo Sells Majority Stake In Guinness Ghana For $81 Million Founded in the U.K. in 2004, Fever-Tree holds the title of the leading tonic and ginger beer brand in the ...