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Carlsberg Returns to Thailand After Heineken’s APB Deal

Carlsberg A/S, the world’s fourth-biggest brewer, is returning to Thailand after a seven-year hiatus, following Heineken NV’s successful bid to expand in Southeast Asia.

Carlsberg is teaming up with Singha Corp. to distribute, market and sell its brands in the country, it said Sept. 28. Thailand, with a population of about 67 million, is one of the few Southeast Asian nations where the Copenhagen-based brewer has a negligible footprint. The joint venture with the maker of Leo beer gives Carlsberg a partner that controls almost 60 percent of the country’s beer market.