Oil Prices Surge as Middle East Shipping Attacks Threaten Supply 
Novartis Shares Plunge After Muscle Drug Fails Phase III Trial 
Anthropic Drops $6 Billion Decart AI Acquisition Talks 
UK Businesses Urge Government to Cut Electricity Levies 
Heritage, desire and diplomacy: why China still values scotch whisky 
Volkswagen Job Cuts Put Lower Saxony Leader Under Political Pressure 
Norway Core Inflation Rises to 3% in August 
Blackstone Eyes $2 Billion ZO Skin Health Sale 
UK Economy Grows 0.4% in July, Beating Forecasts 
U.S. Stock Futures Steady as Oil Tops $100 Ahead of Inflation Data 
White House Weighs Refined Copper Tariffs as Cost Concerns Grow 
Enflame Shares Surge 200% in Shanghai AI Chip Debut 
The Beauty Beneath the Expressway: A Journey from Self to Service 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
China Buys 1 Million Tons of U.S. Soybeans Ahead of Xi Visit 
Add as a preferred source on Google
Global Brands has announced the acquisition of Hooch, Hooper’s, and Reef alcohol brands from Molson Coors Beverage Company.
According to the Independent drinks firm, the acquisition will give them freedom to grow that aligns with their vision.
The brands, under license from Molson Coors, have been produced and distributed by Global Brands since 2012.
These will now form part of its owned portfolio.
According to Steve Perez, chairman and founder of Global Brands, the acquisition will give them the opportunity to invest further into the brands with the added security of owning the equity. He added that the deal will their position as the leading independent producer of RTD brands in the UK”.
Meanwhile, Nino Beneta, managing director of Molson Coors Export and License EMEA & APAC, said their focus will continue to be on select key international brands such as Coors, Staropramen, Carling, Madri Excepcional, and Blue Moon.
Terms of the deals were not disclosed.
