Danish Brewer Carlsberg Plans India IPO
The popular beer manufacturer Carlsberg is working out on a local initial public offering (IPO) of its Indian business. The Danish brewer is reportedly looking for potential i-bankers for the share sale over the next few weeks.
The Carlsberg Group is a Denmark-based company that is one of the leading brewery groups in the world today. The company is mainly known for its large portfolio of beer. It started its operations in India in 2007 but the Indian customers have been consuming its beer much before that. The credit of the success of Carlsberg’s products globally and in India can be given to the quality consciousness and the technological proficiency developed by the breweries. And because of these attributes, Carlsberg has been positioned on the third rank among the world’s largest b...