financetom
Business
financetom
/
Business
/
Molson Coors to buy 8.5% stake in UK's Fevertree for $88 mln
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Molson Coors to buy 8.5% stake in UK's Fevertree for $88 mln
Jan 29, 2025 11:26 PM

Jan 30 (Reuters) - Coors Light beer maker Molson Coors ( TAP/A )

will take a 8.5% stake in tonic maker Fevertree Drinks ( FQVTF )

for 71 million pounds ($88.3 million), the British

company said on Thursday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lowe's raises annual same-store sales forecast
Lowe's raises annual same-store sales forecast
Nov 19, 2024
Nov 19 (Reuters) - Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as a pickup in hurricane-related demand and favorable weather boosted quarterly sales, even as big-ticket spending remained strained. The company now forecasts same-store sales to be down 3% to 3.5% in 2024 from its previous target of a decline in the...
Nvidia's options primed for $300-billion price swing after earnings
Nvidia's options primed for $300-billion price swing after earnings
Nov 19, 2024
NEW YORK (Reuters) - Options traders are primed for a nearly $300-billion swing in Nvidia's ( NVDA ) market value following the chipmaker's quarterly results on Wednesday, U.S. options market data showed. Nvidia ( NVDA ) options implied an 8.5% swing for the shares in either direction following the results, which will be reported after markets close, according to data...
Super Micro Computer Is Up 30% In Tuesday Pre-Market: What's Going On?
Super Micro Computer Is Up 30% In Tuesday Pre-Market: What's Going On?
Nov 19, 2024
In a significant pre-market move, Super Micro Computer Inc. ( SMCI ) is experiencing a notable surge in its stock price. This comes after the company announced strategic changes aimed at addressing compliance issues. What Happened: SMCI saw its stock rise by 30.59% following the announcement, as per Benzinga Pro, of a new auditor appointment and a compliance plan submission....
Morgan Stanley courts employees of near-IPO companies for wealth management
Morgan Stanley courts employees of near-IPO companies for wealth management
Nov 19, 2024
NEW YORK (Reuters) - Morgan Stanley ( MS ) is looking to add employees of startup companies as wealth management clients as U.S. investment banks prepare for a revival of initial public offerings. Last week, the bank signed an agreement with Carta, a shareholder management company for startups backed by private equity and venture capital firms. Carta estimates about 2,000...
Copyright 2023-2026 - www.financetom.com All Rights Reserved