Hindustan Times (Chandigarh)

Carlsberg said to plan IPO for its Indian unit

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HONG KONG/MUMBAI: Carlsberg A/S is planning a local initial public offering of its Indian business, people with knowledge of the matter said, as it seeks to tap the growing middle class’s increasing thirst for foreign beer. The Danish brewer is interviewi­ng potential arrangers for the share sale over the next few weeks, according to the people, who asked not to be identified because the informatio­n is private.

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