date:Jul 18, 2012
Shareholders will then be exposed to the stock market movements. In addition, when Carlsberg Group announced its intentions to make the voluntary offer for Baltika Breweries, it also stated it intends to cease future dividend payments from Baltika Breweries,the firm added.
Taxes and price increases
Carlsberg owns around 85% of Saint Petersburg-based Baltika, but the firm is keen to acquire the balance of shares to boost is presence in the world's fourth-largest beer market by volume, where ma