Carlsberg says ups stake in Chongqing Jianiang Brewery

COPENHAGEN Wed Nov 14, 2012 8:53am EST

COPENHAGEN Nov 14 (Reuters) - Danish brewer Carlsberg has signed a deal to increase its investment in Chongqing Jianiang Brewery Co. Ltd. by 18.58 percent at a cost of about 600 million yuan ($96.36 million), the brewer said on Wednesday.

Carlsberg said that would increase its stake to 49.58 percent. ($1 = 6.2265 Chinese yuan) (Reporting by Mette Fraende)

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