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07 May 2001

Keep things moving

Tough luck. The competition authorities have spoken - and Carlsberg and Orkla have listened ... and obeyed. What they have had to listen to may not have pleased the two parties, who decided to tie the knot last summer into what will be Carlsberg Breweries and one of top 5 global brewers. But what could they do? The Swedish competition authorities have conditionally approved that Carlsberg A/S and Orkla ASA merge their Swedish breweries, Falcon and Pripps respectively, into Carlsberg Sverige AB. This will be a step towards establishing Carlsberg Breweries which will be jointly owned 60 % by Carlsberg A/S and 40 % by Orkla. Moreover, Carlsberg A/S has to sell its indirect ownership stake in Coca-Cola Drycker Sverige and Falcon has to end its joint distribution with Coca-Cola Drycker Sverige.

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