Molson and Coors complete $7.7 billion merger

On February 9, 2005, Molson Inc. and Adolph Coors Co. completed the transaction announced on July 22, 2004 to combine Molson and Coors in a merger of equals. The deal, valued at approximately $7.7 billion, created the world's fifth largest brewer by volume. The transaction was effected by way of a plan of arrangement under the Canada Business Corporations Act, utilizing an exchangeable share structure.

The special committee of the Board of Directors of Molson was advised by Robert Paré and Gilles Leclerc (corporate and securities), Gilles Carli (tax), Paul Martel (corporate), Ronald McRobie (employment) and Réal Forest (litigation) of Fasken Martineau in Montréal.

CIBC Mellon Trust Company, the trustee to the public debtholders of Molson Canada, was advised by Fasken Martineau with a team that included Xeno C. Martis, Angela Onesi and Félix Gutierrez (banking and finance) in Montréal, and Donald Milner (banking and finance) in Toronto.