Carlsberg has moved a step closer to taking a 30% stake in China’s Chongqing Brewery, after the deal was endorsed by the firm’s workers’ committee.
Employee representatives have this week backed Carlsberg in its agreement to acquire a further 12.25% share of Chongqing Brewery Co (CBC) for RMB2.4bn (US$351m).
DENMARK/CHINA: Carlsberg edges to Chongqing Brewery Co completion
Carlsberg has moved a step closer to taking a 30% stake in China's Chongqing Brewery, after the deal was endorsed by the firm's workers' committee.
July 29, 2010