/ / / Carlsberg Launches Bid For Partial Take-Over of Chinese Chongqing Brewery

Carlsberg Launches Bid For Partial Take-Over of Chinese Chongqing Brewery

3/05/2013 12:33:00 AM ,

image
From Reuters:

Carlsberg (CARLb.CO) has launched a partial take-over bid worth 2.65 billion Danish crowns ($461.49 million) for 30.31 percent of the shares in Chongqing Brewery Company (600132.SS), the Danish brewer said on Monday. 

If the bid of RMB 20 per share is successful Carlsberg, which announced its immediate plans to up its stake in the Chinese brewery last week, will gain control of CBC and potentially own up to 60 percent of the shares.

The second largest shareholder in CBC, Chongqing Beer Co, has committed to selling its shares with the aim of disposing of its remaining 20 percent stake in CBC," Carlsberg said in a statement.

About MyBeer Buzz

Founder, owner, author, graphic designer, CEO, CFO, webmaster, president, mechanic and janitor for mybeerbuzz.com. Producer and Co-host of the WILK Friday BeerBuzz live weekly craft beer radio show. Small craft-brewer of the craft beer news sites and one-man-band with way too many instruments to play........Copyright 2007-2024 mybeerbuzz.com All Rights Reserved: Use of this content on ANY site without written permission is not allowed.

0 comments (click to read or post):

Post a Comment

Please leave a comment...I do moderate each comment so it may not appear immediately...and please be nice! You can also comment using Disqus (below) or even comment directly on Facebook (bottom).

Subscribe to: Post Comments ( Atom )