The spinoff deal was completed on October 11, 2016. The merger between Anheuser-Busch Inbev and SABMiller closed on October 10, 2016. SABMiller agreed to divest itself of the Miller brands by selling its stake in MillerCoors to Molson Coors. which include both Miller- and Coors-held brands - along with its Miller brands outside the U.S." Department of Justice (DOJ) had agreed to the proposed deal only on the basis that SABMiller "spins off all its MillerCoors holdings in the U.S. During the merger discussions between the two companies in 2015, the U.S. In September 2015 Anheuser-Busch Inbev announced that it had reached agreement to acquire competitor SABMiller for $107 billion. In early 2012 the company expanded into the Central and Eastern Europe markets by acquiring the region's market-leading brewery StarBev from CVC Capital Partners. On February 2, 2011, the company purchased Sharp's Brewery of Cornwall in England for £20 million. MillerCoors combined their operations within North America with the headquarters in Chicago. SABMiller had 58% stake in the company, and Molson Coors had a 42% stake. On October 9, 2007, SABMiller and Molson Coors Brewing Company announced a joint venture to be known as MillerCoors for their U.S. The operations of Molson Coors in Brazil were sold to the Mexican group FEMSA in 2006, and the beer operations of FEMSA was acquired by Heineken International in 2010. Molson Coors bought Creemore Springs Brewery on April 22, 2005. Coors Brewing Company was started by Adolph Coors in Golden, Colorado, United States in 1873. Molson Brewery was started by John Molson in Montreal, Canada in 1786. The merger including the brands and brewing operations of the Molson Brewery and the Coors Brewing Company. The merger was completed February 9, 2005, with the merged company being named Molson Coors Brewing Company. On July 22, 2004, the Adolph Coors Company and Molson, Inc. Molson Coors has been a constituent of the S&P500 since 2005. Molson Coors is a publicly traded company on both the New York Stock Exchange and Toronto Stock Exchange. The agreement made Molson Coors the world's third largest brewer. In 2016, Molson Coors acquired Miller Brewing Company for approximately US$12 billion. Molson Coors was formed in 2005 through the merger of Molson of Canada, and Coors of the United States. Molson Coors is a Canadian-US multinational drink and brewing company headquartered in Chicago, IL with main offices in Golden, Colorado, and Montreal, Quebec.
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