Thursday, May 31, 2007

Carlsberg to set up JV in western China: partner

(Reuters) - The Danish brewer, which owns 30 percent of the joint venture, confirmed the plan but denied it had agreed with its Chinese partner about the size of the investment.




"There's a dialogue going on with local authorities and the final size, timing and location are to be confirmed," said Hong Kong-based executive Soren Ravn, who is in charge of Carlsberg's business development in Greater China.


Read more at Reuters.com Mergers News

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