Deals
Monster Beverage and Constellation Mergers Talks Are Progressing
- Energy drink maker, Corona brewer could reach deal in weeks
- Companies would have combined market cap of about $90 billion
Photographer: David Paul Morris/Bloomberg
This article is for subscribers only.
Talks between Monster Beverage Corp., the maker of energy drinks, and Corona brewer Constellation Brands Inc. about a combination are progressing, according to people familiar with the matter.
A merger agreement could be reached in the coming weeks if negotiations proceed smoothly, the people said, asking not to be identified discussing private information. The similarly sized companies have a combined market value of about $90 billion.