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Molson Coors To Acquire StarBev For US$3.5bn

In a bid to gain exposure in emerging markets, Molson Coors has announced that it is to acquire East European brewer StarBev from CVC Capital Partners in a deal worth US$3.5bn. Stewart Glendinning, chief financial officer at Molson Coors, hopes the deal will give the company “a more attractive growth profile and more balanced sources of earnings and cash.”

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