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Molson, SABMiller JV Approved

April 8/The Toronto Star -- European Union regulators approved a joint venture between Molson Coors Brewing Co. and SABMiller PLC that will market and distribute both companies' beers in the United States.

EU approval comes after a preliminary EU probe found no competition concerns or any effects on either companies' operations in the 27-country bloc.

Molson Coors Brewing brews Coors Light and Blue Moon among other brands. SABMiller makes Miller Lite and other brews.

The two announced in October that they would form a joint venture called MillerCoors that would market and distribute their beers in the U.S. and Puerto Rico.

From the April 14, 2008, Prepared Foods e-Flash

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