Molson Coors acquisition of MillerCoors joint venture

Overview:

• Molson Coors Brewing acquired SABMiller's 58% stake in MillerCoors, a joint venture by SABMiller and Molson Coors. 
• The agreement allowed Molson Coors to acquire the entire joint venture.
• The acquisition was valued at $12 billion. 
• Brands of the company included Redd’s and import brands like Peroni and Pilsner Urquell.
• The transaction was incumbent on AB InBev’s acquisition of SABMiller, which closed September 2016.  
• Lazard acted as lead financial adviser to AB InBev.
• Barclays also acted as financial adviser to AB InBev.

Rani Mehta - Journalist