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Carlsberg reaches impasse with Chongqing Brewery Company

The World's fourth-largest brewer, Danish brewer Carlsberg, met another impasse in its purchase process of China's Chongqing Brewery Company (CBC) Tuesday. The firm exposed that, as the acquiring party, its Hong Kong branch was not qualified to acquire a firm since it reported consecutive losses for three years, according to media reports.

written on 01.07.2010 um 18:27.


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