Brewing giant SABMiller and US brewer Molson Coors have announced the closing of the transaction to combine their US and Puerto Rico operations.
British brewer SABMiller and United States-Canadian Molson Coors said on Thursday US antitrust regulars had concluded a review and that they are "free to
proceed" with a joint venture.
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/ 10 October 2007
Brewers SABMiller and Molson Coors Brewing have agreed to combine their United States operations to create a business that will have annual sales of ,6-billion and be the second-biggest market player behind Anheuser-Busch. The venture, MillerCoors, will generate around -million of annual cost savings.