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POLAND: Carlsberg Breweries makes public tender for Polish brewer

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Carlsberg Breweries has announced a public tender for 49.99% of shares, or all the outstanding shares, in Okocimskie Zaklady Piwowarskie (Okocim), a leading brewery in Poland, which is listed on the Warsaw Stock Exchange. Carlsberg is offering PLN16.25 (US$4.09) per share valuing the entire share capital of Okocim at PLN 357.5m (US$90.1m). The price represents a premium of 36.1% to the average price from 6 months preceding the day of the announcement of the tender and a premium of 30.5% to the closing price on 7 May 2001.


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