Molson Coors Nears Deal to Buy Out Remainder of MillerCoors Venture

Molson Coors would pay about $12 billion for 58% stake in joint venture, other Miller assets

Molson Coors Brewing Co. is nearing a deal to buy the rest of the MillerCoors LLC U.S. joint venture for about $12 billion, paving the way for SABMiller PLC to cement its blockbuster sale to Anheuser-Busch InBev NV.

As part of the deal, the U.K.'s SABMiller would sell its 58% of the venture to Denver's Molson Coors, according to people familiar with the matter. The deal, which has been anticipated since SABMiller and AB InBev reached preliminary agreement on a $100 billion-plus merger in October, would include the Miller brand internationally, one of the people said. The agreement is expected to be announced Wednesday along with a formal pact between SABMiller and AB InBev.

beer bottles

Our Location

40 N. Central Avenue
Suite 1400
Phoenix, AZĀ  85004

Contact Us