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The Dutch brewer said "large-scale brewing" at its Tuas site will be “phased down progressively by the end of 2027”.
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Reyes has said the transaction will be its "largest acquisition to-date".
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The single malt whiskey maker appointed receivers in November 2024.
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"This investment does not signal a shift in Branca's product strategy, but rather reflects a long-term perspective on how the sector is evolving," a joint statement said.
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A $650m project will see Coca-Cola add more production lines to a Fairlife manufacturing facility in the US.
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Executives from Danone, FrieslandCampina and Valio are set to speak at this year’s Dairy Innovation Strategies conference in the Dutch capital.
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Huel “resonates with Danone’s mission of delivering health through food”, the French dairy giant’s CEO said.
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Molson Coors president and CEO Rahul Goyal said Monaco Cocktails “has the scale, the consumer loyalty and the runway for growth that we’ve been looking for”.
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