Deals

Carlsberg Plans Local Listing for Indian Operations

  • Brewer interviewing potential arrangers over next few weeks
  • Carlsberg ranks third in India’s $8.6 billion beer market
Photographer: Andrey Rudakov/Bloomberg
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Carlsberg A/S is planning a local initial public offering of its Indian business, people with knowledge of the matter said, as it seeks to tap the growing middle class’s increasing thirst for foreign beer.

The Danish brewer is interviewing potential arrangers for the share sale over the next few weeks, according to the people, who asked not to be identified because the information is private.