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Monster to enter alcoholic beverage sector with $330m acquisition
date:Jan 19, 2022
verage portfolio. The transaction does not include CANarchys stand-alone restaurants.

The transaction is expected to close in the first calendar quarter of 2022 and is subject to customary closing conditions, including regulatory approvals. Monsters organizational structure for its existing energy beverage business will remain unchanged. CANarchy will function independently, retaining its own organizational structure and team, led by Tony Short.

This transaction provides us with a springboard

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