Singaporean Beer Ops To Provide Synergies And Diversity

Carlsberg Malaysia, 51%-owned by Danish brewing giant Carlsberg, is to acquire Carlsberg Singapore, a unit of Carlsberg Asia, in a deal worth MYR370mn (US$105.4mn). Generating important cost-saving synergies and providing a rare opportunity for geographic diversification, news of the bid saw Carlsberg Malaysia's share price leap to MYR4.70 (US$1.34), its highest level since September

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