Modelo, Molson eyeing joint Foster’s bid -source

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* Molson, Modelo weigh joint bid for Foster’s – source
* Banks including BoFA, Deutsche helping w/ financing
* Foster’s ADRS up 5.5 pct; Molson shares down 3 pct (Adds company background, details on potential bidders, analyst comment, Molson Coors closing share price) (more…)

Molson Coors Brings Carling to Ukraine

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Molson Coors Brewing Company (NYSE: TAP) announced today that it has launched Carling in Ukraine, Eastern Europe’s second largest beer market, through a commercial joint venture with Obolon Company, a leading Ukraine brewer. (more…)

Molson aims to tap craft beer market

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Molson Coors Canada has launched the Six Pints Specialty Beer Co., a new stand-alone segment targeted at the craft and specialty beer industry. (more…)

Molson Coors increases regular quarterly dividend by 14%

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Molson Coors Brewing Company announced that its Board of Directors has increased the quarterly dividend on its Class A and Class B common shares by 14%, or $0.04, to US$0.32 per share, payable June 15, 2011, to shareholders of record on June 6, 2011. (more…)

Andrew Molson will assume the role of chairman and Pete Coors will assume the role of vice chairman

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In a planned transition consistent with the Company’s by-laws, Molson Coors Brewing Company (NYSE: TAP) (TSX: TAP) today announced that Andrew Molson, the current vice chairman of the Molson Coors board of directors will assume the role of chairman, and Pete Coors, current chairman, will assume the role of vice chairman, effective May 26, 2011. The by-laws provide for the chairman and vice chairman to alternate between the Molson and Coors families every two years. (more…)

Ukraine. Obolon starts producing UK beer under license of US Molson Coors

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Obolon Corporation (Kyiv), one of the largest breweries in Ukraine, has agreed with Molson Coors Brewing Company (the United States) on the production of British Carling beer at Kyiv-based plant Obolon, Molson Coors International Director General in Ukraine Oleksandr Kiselev has reported. (more…)