(Alliance News) - Fevertree Drinks PLC on Thursday said it intends to launch a share buyback programme for up to GBP71.0 million, on the back of a new partnership with Molson Coors Beverage Co for the ...

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 ...

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

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

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

The sale of an 8.5% shareholding in Fever-Tree is part of a broader partnership between the two firms, with Molson Coors now ...

Fever-Tree entered the US market in 2008 and has since become the number one tonic and ginger beer brand in the country. The British firm noted that the combination with Molson Coors’ expertise and ...

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Investment bank Lazard reported a rise in fourth-quarter profit on Thursday, helped by a strong performance in its advisory business.