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US brewer Molson Coors is to buy an 8.5% stake in Fevertree for £71m, with the proceeds to be returned to shareholders via a ...

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As part of the agreement, the beer giant will manage the sales, distribution and production of Fevertree’s products in the US ...

By Shashwat Awasthi (Reuters) -Shares of Fevertree Drinks surged almost 24% after Molson Coors' took an 8.5% stake in the ...

By Shashwat Awasthi (Reuters) -Shares of Fevertree Drinks surged almost 24% after Molson Coors took an 8.5% stake in a $88 ...

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The Coors Light brewer will pay £71 million ($88 million) for 8.5% of Fevertree, a move that will help the Chicago-based company expand its non-alcoholic range.

Molson Coors has acquired an 8.5% stake in British drinks company Fever Tree in a £71m deal that enables the mixer brand to “unlock growth” across the US.

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The agreement will see Molson Coors handle the exclusive sales, distribution and production of the Fevertree brand in the US.

As part of the deal, Molson Coors ( TAP) will acquire an 8.5% stake in Fevertree Drinks plc ( OTCPK:FQVTF) ( OTCPK:FQVTY) for ...