MONTREAL - Molson Coors Brewing Co. says it has restated its financial results for 2016 and 2017 due to income tax accounting errors. The company, which keeps its books in U.S. dollars, says for 2016 it understated its deferred tax liability and income tax expense which resulted in an overstatement of its net income by US$399.1 million.

Source: thestar February 12, 2019 12:56 UTC