Carlsberg Group

Carlsberg sells majority stake in Copenhagen brewery site for $441 million

Danish brewer Carlsberg (CARLb.CO) is to sell most of a former Copenhagen brewery site to a group of investors for 2.5 billion Danish crowns ($441 million), which will help reduce debt. Carlsberg, which will keep a 25 percent stake in the site, will book a pretax capital gain of about 1.7 billion Danish crowns in the second quarter from the sale.

via Reuters.

 

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