Czech Brewer Jumps After Chinese Investor Pays Premium for Stake

Updated on
  • Lapasan purchases 79.4% stake for 208 koruna per share
  • Erste analyst Bartek forecasts buyout offer at same price

Pivovary Lobkowicz Group AS surged to a record after the sale of a majority stake in the Czech brewer boosted prospects for other shareholders to sell their holdings for more than the current market price.

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