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Constellation Brands Signs Separate Agreements to Divest Paul Masson Grande Amber Brandy and Nobilo Wine Brands as Part of Company’s Wine & Spirits Transformation

VICTOR, N.Y., June 25 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, today announced it has signed an agreement with Sazerac Company, Inc., one of America’s oldest privately held distillers, to divest the Paul Masson Grande Amber Brandy brand, related inventory and interests in certain contracts for an aggregate [...]

Constellation Brands to Report First Quarter Fiscal 2021 Financial Results; Host Conference Call July 1, 2020

VICTOR, N.Y., June 3 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its fiscal first quarter ended May 31, 2020, on Wednesday, July 1, 2020, before the open of the U.S. markets. A conference call to discuss the financial results and outlook [...]

Constellation Brands and E. & J. Gallo Further Revise Wine and Spirits Agreement in Connection with Federal Trade Commission Review Process

VICTOR, N.Y., May 28 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it and E. & J. Gallo Winery have further revised their original transaction to divest a portion of Constellation’s wine and spirits portfolio principally priced at $11 retail and below, including certain related facilities [...]

Constellation Brands to Present at the 2020 RBC Capital Markets Global Consumer and Retail Virtual Conference on May 27, 2020

VICTOR, N.Y., May 20 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Garth Hankinson, chief financial officer will present virtually at the 2020 RBC Capital Markets Global Consumer and Retail Virtual Conference on Wednesday, May 27, 2020. The presentation is scheduled to begin at 11:20 a.m. [...]

Constellation Brands Exercises Warrants to Acquire Shares in Canopy Growth, Reinforcing Confidence in Canopy Growth’s Ability to Win Long-Term in Emerging Cannabis Industry

VICTOR, N.Y. and SMITH FALLS, Ontario, May 1 (Korea Bizwire) – Constellation Brands, Inc. (“Constellation Brands”) (NYSE: STZ and STZ.B), a leading beverage alcohol company, and Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED, NYSE: CGC), a leading diversified cannabis company, today announced the exercise by Greenstar Canada Investment Limited Partnership, an indirect, wholly-owned subsidiary of Constellation [...]

Constellation Brands Announces Full Redemption of 2.250% Senior Notes Due 2020

VICTOR, N.Y., April 27 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has given notice for full redemption prior to maturity of all of its outstanding 2.250% Senior Notes due 2020 (CUSIP Number: 21036PAV0) (the “notes”) to be effected on May 27, 2020 (the “redemption date”). As [...]

Constellation Brands Prices Offering of Senior Notes

VICTOR, N.Y., April 23 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it priced the public offering of $1.2 billion aggregate principal amount of Senior Notes, consisting of $600.0 million of 2.875% Senior Notes due 2030 (the “2030 notes”) for a public offering price of 99.801% of the principal [...]

Constellation Brands Provides Update on Mexico Brewery Operations in the Midst of COVID-19 Outbreak

VICTOR, N.Y., April 8 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, today announced additional steps it is taking to reduce its brewery production activities in Mexico to a level that safeguards the environment and avoids irreversible impact to its operations. This move is consistent with actions taken by [...]

Constellation Brands Appoints Mike McGrew to Newly Created Role of Chief Communications & CSR Officer

VICTOR, N.Y. and CHICAGO, April 7 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has appointed Mike McGrew to the newly created role of Executive Vice President, Chief Communications and Corporate Social Responsibility (CSR) Officer. In this new role, McGrew will be responsible for overseeing [...]