Carlsberg India prepares IPO among concerns over cash out
India | Danish brewer Carlsberg plans to file draft papers for an initial public offering (IPO) of its wholly-owned Indian subsidiary as early as this month, potentially raising USD 700 million. The IPO, which could value Carlsberg India at nearly USD 3.9 billion, is expected to be a secondary share sale, with existing shareholders selling a chunk of their shares to investors. However, the final size, structure, and timing are still under discussion, Indian media reported on 8 June.
6 print issues