Molson coors brewing company (nyse:tap) completed the acquisition of 49% stake in l.a. libations llc.

Molson coors brewing company (nyse:tap) acquired 49% stake in l.a. libations llc on november 18, 2019. the partnership includes category-exclusive access to the company's services. molson coors also will hold two seats on the l.a. libations board. with brands created by l.a. libations, molson coors will have the option to purchase the brand in full. for brands it does not purchase, molson coors still will hold a financial stake in l.a. libations' ownership of the brand. molson coors brewing company (nyse:tap) completed the acquisition of 49% stake in l.a. libations llc on november 18, 2019.
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