1. Carlsberg India IPO could raise up to $700 million launch expected in December

Carlsberg India IPO could raise up to $700 million launch expected in December

Business

  • Carlsberg is preparing to file for an IPO of its India business that could raise up to $700 million.
  • People familiar with the plan said roadshows begin next week and the IPO could launch in December.
  • The offering is expected to be entirely a secondary share sale by the Danish brewer.
  • Carlsberg India, which entered in 2007 and runs seven breweries, has about 22% market share.

Source: economictimes.indiatimes.com

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