VIETNAM: Carlsberg set to sell Vinataba stake
Carlsberg has confirmed that it plans to divest its stake in Vietnamese state-owned wine and tobacco company Vinataba.
Reports out of the country earlier this week suggested that Carlsberg will sell the 50% of Vinataba that it took control of when it acquired Scottish & Newcastle early last year.
Speaking to just-drinks yesterday (24 September) a spokesperson for the brewer confirmed the reports, adding that Carlsberg will retain control of the importation and distribution of Kronenbourg in the country from Vinitaba.
The spokesperson declined to give further specific details about the intended sale.
Carlsberg-owned Baltika Breweries has seen an appeals court in its native Russia slash a fine imposed on the company....
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