Constellation Brands Inc (STZb.N)
15 Sep 2016
Sept 16 Cefour Wine & Beverage Partihandel Publ AB :
* CrossAmerica Partners LP: owner of CrossAmerica Partners LP's general partner, CST Brands Inc, enters into merger agreement with Alimentation Couche-Tard Inc.
* Announces merger agreement with Alimentation Couche-Tard Inc in a $4.4 billion cash merger transaction
* Updated 2016 financial outlook, including updated u.s. Gaap diluted earnings per share guidance of "at least $0.75"
* Says it now expects will record pre-tax charge of about $38-$42 million during 13 weeks ended June 26, 2016 related to sale of South Korean business
* Board of directors increased size of board from 10 to 11 members
* Says updates fiscal 2017 reported basis EPS outlook to $5.98 - $6.28
June 30 Constellation Brands Inc reported a bigger-than-expected 15 percent jump in quarterly net sales, helped by higher demand for its Corona and Modelo beers during the Memorial Day weekend.
June 30 Constellation Brands Inc reported a 15 percent jump in quarterly net sales, helped by higher demand for its Corona and Modelo beer brands during the Memorial Day weekend, the second largest beer sales period in the United States.
June 3 Constellation Brands Inc is seeking a valuation of about C$1 billion ($772.02 million) for a possible initial public offering of its Canadian wine business this year, Bloomberg reported on Friday.
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