Molson Coors Beverage Co. announced Thursday that it has acquired an 8.5% stake in Fevertree Drinks PLC, the British premium ...

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By Shashwat Awasthi (Reuters) -Shares of Fevertree Drinks surged almost 24% after Molson Coors' took an 8.5% stake in the ...

(Reuters) -Shares of Fevertree Drinks surged almost 24% after Molson Coors took an 8.5% stake in a $88 million deal that ...

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Molson Coors has acquired an 8.5% stake in British drinks company Fever Tree in a £71m deal that enables the mixer brand to “unlock growth” across the US.

The agreement will see Molson Coors handle the exclusive sales, distribution and production of the Fevertree brand in the US.

As part of the deal, Molson Coors ( TAP) will acquire an 8.5% stake in Fevertree Drinks plc ( OTCPK:FQVTF) ( OTCPK:FQVTY) for ...

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As part of the agreement, the beer giant will manage the sales, distribution and production of Fevertree’s products in the US ...