Seeking Alpha

Carlsberg's China plans in focus

  • Carlsberg (CABGY) won't comment on yesterday's scoop from Bloomberg that indicates the brewer wants to buy Tsingtao or Beijing Yanjing to become a major force in China.
  • The company is already in the process of raising its stake in Chongqing Brewery, but if it nabs either Tsingtao or Beijing Yanjing it would instantly claim double-digit market share in the region.
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