Carlsburg Sells Copenhagen Brewery for $441 Million

From Reuters:
Danish brewer Carlsberg is to sell most of a former Copenhagen brewery site to a group of investors for 2.5 billion Danish crowns ($441 million), which will help reduce debt.
The new owners will be a consortium of pension funds Realdania, PFA and Pensam as well as insurer Topdanmark (TOP.CO), the brewer said.
Carlsberg, which will keep a 25 percent stake in the site, will book a pretax capital gain of about 1.7 billion Danish crowns in the second quarter from the sale.


Comments 0
No Readers' Pick yet.