Tuesday, April 3, 2012

Reuters: Deals: Molson Coors to buy StarBev for $3.5 billion

Reuters: Deals
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Molson Coors to buy StarBev for $3.5 billion
Apr 3rd 2012, 10:43

Tue Apr 3, 2012 6:14am EDT

(Reuters) - Molson Coors Brewing Co (TAP.N) said it will buy eastern European brewer StarBev for 2.65 billion euros ($3.52 billion) to expand in central and eastern European beer markets.

"The Central and Eastern European beer market is attractive, with strong historical trends and upside potential as the region returns to its pre-economic-crisis growth rates," Chief Executive Peter Swinburn said in a statement.

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