Molson Coors Brewing Company said Tuesday it has agreed to pay $3.54 billion to purchase Prague-based StarBev from private equity firm CVC Capital Partners.
StarBev sells more than 20 regional beer brands and operates nine breweries in Eastern Europe. CVC built the company by buying local operations from Anheuser-Busch InBev for $2.2 billion in 2009. The deal with Molson Coors includes about $667 million of StarBev debt. (Anheuser-Busch InBev made its own modest, yet noteworthy, Eastern European acquisition in January, acquiring one of two Czech breweries with which the brewing giant has been engaged in a long-running battle over the “Budweiser” trademark.)
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
