Carlsberg To Turn To Acquisitions As Challenges Mount

As the weak domestic economy, declining tourist numbers, uncertain commodity prices and ongoing excise hikes continue to heap pressure on Carlsberg Malaysia, the brewer has revealed that it will seek to take advantage of current conditions to search for favourable acquisition targets. However, with the outlook for the Malaysian beer industry unlikely to impress, even beyond 2010 as the global economy recovers, BMI believes the brewer is more likely to seek out international opportunities or look to possibilities in the non-beer

To read the full article, please choose one of the following options: