Molson Coors News
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Molson Coors Brewing Co. Chief Executive Officer Peter Swinburn said the company plans to hold off on making new acquisitions as it focuses on paying down debt from last year’s purchase of the Czech Republic’s StarBev LP.
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Bondholders in Turkey’s biggest brewer are signaling that protesters who’ve taken over Istanbul’s Taksim Square face disappointment as Prime Minister Recep Tayyip Erdogan indicated he won’t cede to their demands.
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Salesforce.com Inc., the largest maker of customer-management software, agreed to buy ExactTarget Inc. for about $2.5 billion, making its biggest acquisition ever to expand in online marketing.
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The Middle East’s biggest beermaker is getting hammered in the credit markets as Turkish Prime Minister Recep Tayyip Erdogan cracks down on alcohol sales and advertising.
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Molson Coors Brewing Co.’s margins across Central and Eastern Europe will be boosted by new “higher” value products and premium brands, the company’s chief executive officer said.
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Updated 10 minutes ago
SweetWater Brewing Co. Chief Executive Officer Freddy Bensch gets plenty of solicitations from potential acquirers.
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Blackstone Group LP, the world’s largest private-equity firm, is taking aim at the $5.4 trillion of cash on corporate balance sheets in the U.S. and Europe as regulators weigh changes that may reduce the appeal of money- market funds.
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Molson Coors Brewing Co., the U.S. maker of Carling lager, agreed to buy StarBev LP for 2.65 billion euros ($3.54 billion) to add beer brands such as Staropramen and provide a route into central and eastern Europe.
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Molson Coors Brewing Co. issued $1.9 billion of bonds in a three-part sale to help pay for its intended acquisition of StarBev LP of Prague.
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Grupo Modelo SAB de CV , the Mexican brewer of Corona beer, and Molson Coors Brewing Co. have been exploring a possible joint bid for Australia’s Foster’s Group Ltd. , said five people with knowledge of the situation.
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