The Coors Light brewer will pay £71 million ($88 million) for 8.5% of Fevertree, a move that will help the Chicago-based company expand its non-alcoholic range.

By Shashwat Awasthi (Reuters) -Shares of Fevertree Drinks surged almost 24% after Molson Coors' took an 8.5% stake in the firm, in a deal giving the beer giant exclusive rights to market the British company's cocktail mixers and tonic water in the United States.

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Molson Coors (TAP – Research Report) and

Molson Coors Beverage Company, previously known as Molson Coors Brewing Company, was formed by the merger of Molson Inc. and Adolph Coors Co. in February 2005. The global manufacturer and seller ...

In trading on Monday, shares of Molson Coors Beverage Co (Symbol: TAP) crossed above their 200 day moving average of $56.10, changing hands as high as $57.16 per share. Molson Coors Beverage Co ...

Molson Coors Beverage (NYSE:TAP) has agreed to acquire an 8.5% stake in Fevertree Drinks, becoming its largest shareholder, as the Coors Light beer maker looks to expand its U.S. non-alc portfolio through a new strategic partnership,

Molson Coors (TAP) is expanding its U.S. non-alcoholic portfolio through a new strategic partnership with Fevertree Drinks. Starting February

$ 55.12-0.11-0.20%

Timothy Simons is not afraid to own up to the times he’s flubbed his lines. In a new teaser for Coors Light’s 2025 Super Bowl ad, the Nobody Wants This star is supposed to deliver the line ...

Timothy Simons seems to enjoy messing up his lines. In a teaser for Coors Light’s much-anticipated 2025 Super Bowl commercial, the Nobody Wants This star finds himself struggling to deliver a ...

BofA Securities has recently raised Molson Coors Beverage Co Class B (TAP) stock to Buy rating, as announced on December 6, 2024, according to Finviz. Earlier, on December 6, 2024, Needham had initiated the stock to Buy, setting a price target of $72.