Miller, Molson Coors Merge Ops

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CHICAGO SABMiller Brewing and Molson Coors are merging their domestic operations in a joint venture called MillerCoors.

The venture will have combined net revenue of about $6.6 billion and combined beer sales of 69 million barrels in the U.S., according to the companies.

The two companies’ parents, SABMiller and Molson Coors, will each have a 50 percent voting interest in the new venture. In terms of economic value, SABMiller will have a 58 percent stake, while Molson Coors’ interest will be 42 percent.




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