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Molson Coors Enter Asia With New India Deal

The global brewer is to invest US$35m in a new joint venture with Cobra, giving it a controlling stake in Cobra India and a foothold in the fast-growing Asian beer market. The deal includes land, a 149,000-barrel brewery in Bihar state, as well as a beer portfolio consisting of Cobra Premium, King Cobra Superior and Iceberg 9000.

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