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Carlsberg sells majority stake in Chinese brewery
10 Aug 2000 | by Camilla Palmer
Danish brewer Carlsberg has admitted some defeat in the Chinese market and sold a majority stake...LONDON (Brand Republic) – Danish brewer Carlsberg has admitted some defeat in the Chinese market ... .5m. The sale of 75% of Carlsberg Brewery Shanghai is the latest sign that foreign companies are having trouble breaking into the Chinese market -– although Carlsberg said it would “not give up” there ...
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