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Carlsberg buys control of Chongqing Brewery for $476 mln-Reuters

Thursday, 5 Dec 2013 05:08am EST 

Carlsberg A/S:Carlsberg has bought a 30.3 percent stake in China's Chongqing Brewery, raising its stake in the company to 60 percent-Reuters.Carlsberg bought 146.6 million shares at 20 yuan ($3.28) per share in Chongqing Brewery pricing the deal at around 2.9 billion yuan ($476.07 million).Carlsberg was given the greenlight for the deal at the end of Oct. after it launched its bid aimed at boosting its presence China. 

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