Carlsberg eyes big acquisition in China

|About: Carlsberg AS ADR B (CABGY)|By:, SA News Editor

Carlsberg (CABGY) could make a run at purchasing Tsingtao or Beijing Yanjing Brewery in a bid to buy into the growing China beer market, according to Bloomberg.

The global brewer is looking to play some M&A catch-up after peers Anheuser-Busch InBev, SABMiller, and Heineken all made strategic deals.