Carlsberg will look for more acquisitions in Asia after agreeing to pay $379m to become the leading shareholder in a top Chinese brewer, according to Jorn Jensen, the Danish group's chief financial officer.
The deal to increase Carlsberg's stake in Shanghai-listed Chongqing Brewery from 17.5 per cent to 29.7 per cent was part of a broader expansion strategy in the region, Mr Jensen said.
“When it comes to [mergers and acquisitions], the focus is on Asia”.
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