The structure of the deal was not immediately known.the story on Sunday, said Monster Beverage has discussed a potential deal with advisers, citing people who requested not to be identified.It was unclear if discussions will lead to a full merger or asset deal, the Bloomberg News report added.
Monster Beverage did not immediately respond to a Reuters request for comment. Constellation Brands told Reuters it does not respond to rumors or speculation. As of Friday, the market capitalization of Monster Beverage was $47.3 billion while the market capitalization of Constellation Brands was $44.2 billion.Reporting by Anirudh Saligrama and Juby Babu in Bengaluru and Greg Roumeliotis in New York; Editing by Richard Pullin and Jacqueline WongSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
In China, I cannot get justice for my father's death due to academic corruption caused by medical corruption, malfeasance in judicial, law enforcement agencies, government administrative departments and discipline inspection, and lack of conscience in media supervision.
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