Canadian brewer Molson has been given clearance by a Canadian superior court to merge with Adolph Coors. Adolph Coors’ shareholders lifted another barrier earlier in the week when they agreed to the merger.

The new company will be called Molson Coors Brewing and will be the world’s fifth largest brewer by volume.

It will have a 43% share of the Canadian market and 11% share in the US, with brands such as Molson Canadian and Coors Light.

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