Carlsberg said to near public filing for $700 million India IPO - The
Carlsberg is preparing to publicly file for a potential $700 million IPO of its Indian business, with investor roadshows expected next week and a possible December launch. The proposed offering would involve a secondary share sale, as India’s IPO market gains momentum. Carlsberg India holds approximately 22% market share.
Carlsberg A/S is preparing to publicly file documents for an initial public offering of its India business, which could raise as much as $700 million, as early as this week, according to people familiar with the matter.Carlsberg India, the country’s second-largest brewer, is expected to begin investor roadshows next week and could launch the IPO as early as December, the people said, asking not to be identified because the information is private.
