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Volume 24 No. 112
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ENDING DRIVE TO DIVERSIFY, MOLSON PLANS TO SELL DIVERSEY

     Molson Cos., ending a drive to diversify away from its core
business, said it has agreed to sell most of its cleaning-
chemicals division for C$780M.  Molson hasn't decided on whether
it will sell the rest of the division, which it estimates could
net the company another C$350M.  Molson President & CEO Marshall
Cohen said the actions "are consistent with our desire to
strengthen Molson's focus on its traditional roots in brewing and
sports" (Larry Greenberg, WALL STREET JOURNAL, 1/24).  Molson
owns the Canadiens, the Forum and the new Molson Centre.