SABMiller, Molson Battle Over License Deal

Molson Coors Brewing Co. and SABMiller PLC, two of the world's largest brewers, are fighting over the terms of a licensing agreement in Canada the latter company is aiming to terminate this summer. SABMiller is planning to end a licensing pact in July that gave Molson the exclusive rights to distribute its products in Canada. Though Miller brands make up only a small percentage of Molson's Canadian sales, SABMiller believes there are opportunities for the brands to perform´┐╝ better in that market. (NASDAQ)