date:Mar 06, 2013
If the bid of RMB 20 per share is successful Carlsberg, which announced its immediate plans to up its stake in the Chinese brewery last week, will gain control of CBC and potentially own up to 60 percent of the shares.
The second largest shareholder in CBC, Chongqing Beer Co, has committed to selling its shares with the aim of disposing of its remaining 20 percent stake in CBC, Carlsberg said in a statement.
Our Asian business is very important for our long-term growth strategy and we are very