Key Developments: Molson Coors Brewing Co (TAP)

TAP on New York Consolidated

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5 Feb 2016
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Latest Key Developments (Source: Significant Developments)

Molson Coors Brewing Company announces proposed public offering of its Class B common stock
Tuesday, 26 Jan 2016 04:40pm EST 

Molson Coors Brewing Company:Has commenced an underwritten public offering of $2.35 billion of shares of its Class B Common Stock.Intends to use the net proceeds of this offering to fund the previously announced acquisition from Anheuser-Busch InBev SA/NV of SABMiller plc's interest in MillerCoors LLC.  Full Article

Molson Coors Brewing Company Says David Heede appointed to CFO on an interim basis
Thursday, 5 Nov 2015 06:50am EST 

Molson Coors Brewing Company:Says David Heede, currently CFO, Molson Coors Europe (MCE), appointed to CFO, Molson Coors, on an interim basis.  Full Article

Molson Coors Brewing Co announces CFO resignation - Form 8-K
Tuesday, 8 Sep 2015 02:46pm EDT 

Molson Coors Brewing Co:Says Gavin Hattersley notified his intention to resign as Chief Financial Officer.Company has begun the process of identifying successor.  Full Article

Molson Coors Brewing announces regular quarterly dividend
Thursday, 16 Jul 2015 05:30pm EDT 

Molson Coors Brewing Co:Declared a regular quarterly dividend on its Class A and Class B common shares of US$0.41 per share.payable Aug. 17, 2015, to shareholders of record on July 31, 2015.quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Brewing Company.  Full Article

Molson Coors Brewing says Geoff E. Molson succeeds Peter H. Coors as Chairman
Wednesday, 3 Jun 2015 10:00am EDT 

Molson Coors Brewing:Geoff Molson, a member of Molson Coors Board of Directors, will assume role of chairman.Pete Coors, current chairman, will assume the role of vice chairman, effective June 3.  Full Article

Molson Coors Brewing Co acquires Mount Shivalik Breweries Ltd
Wednesday, 1 Apr 2015 09:46am EDT 

Molson Coors Brewing Co:Says that its wholly owned subsidiary, Coors Brewing Company d/b/a Molson Coors International (MCI), has acquired Mount Shivalik Breweries Ltd.As part of the transaction, MCI acquired MSBL's entire brand portfolio, including the leading strong beer brand, Thunderbolt, and assumes direct control over brewing operations in Haryana and Punjab, as well as distribution for Thunderbolt in Bihar.Terms of the transaction were not disclosed.  Full Article

Molson Coors Brewing Co declared an increased regular quarterly dividend
Tuesday, 10 Feb 2015 07:30am EST 

Molson Coors Brewing Co:Declared an increased regular quarterly dividend of $0.41 per share, payable March 16, to Class A and Class B shareholders of record on Feb. 27.This dividend represents an 11 percent increase from the previous quarterly rate of $0.37 per share and raises the annual dividend rate to $1.64 per share.  Full Article

Molson Coors Brewing Company and Compañía Cervecerías Unidas (CCU) Partner to bring two coors brands to Chile
Monday, 5 Jan 2015 05:14pm EST 

Molson Coors Brewing Company and Compañía Cervecerías Unidas:Says their new partnership to launch two iconic American beers in Chile.Both internationally recognized Coors Light and the brewer's newest offering, Coors, will be available across the country beginning in early 2015.  Full Article

Molson Coors Brewing Co announces regular quarterly dividend
Thursday, 13 Nov 2014 05:30pm EST 

Molson Coors Brewing Co:Declares a regular quarterly dividend on its Class A and Class B common shares of $0.37 per share.Payable Dec. 15, to shareholders of record on Nov. 26.  Full Article

Molson Coors Brewing Co and SABMiller Settle Canada Litigation
Friday, 10 Oct 2014 10:00am EDT 

Molson Coors Brewing Co:Says that they have settled amicably their litigation in Toronto, Canada, arising from licence agreement for Miller trademark brands in Canada.As a result of settlement, rights to distribute Miller trademark brands in Canada will revert to SABMiller effective April 1, 2015.  Full Article

Fitch Places Molson Coors on Rating Watch Negative

(The following statement was released by the rating agency) CHICAGO, November 12 (Fitch) Fitch Ratings has placed Molson Coors Brewing Company's (Molson Coors) long-term Issuer Default Rating (IDR) and senior unsecured ratings at all Molson Coors entities on Rating Watch Negative. The rating actions follows the announcement by Molson Coors that it has entered into a definitive agreement with Anheuser-Busch InBev SA/NV (AB InBev) to purchase SABMiller plc's (SABMiller) 58% stake in MillerCoo

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