Japan’s Sapporo to invest $643m in joint venture with Carlsberg

Sapporo to take 25% stake in South Asia operation, aiming at premium market Japan's Sapporo Breweries said on July 6 that it will invest $643 million in a Singapore-based joint venture to be set up with Danish beer maker Carlsberg. (Source photos by Sae Kamae and Reuters) TOKYO — Japan's beverage group Sapporo Breweries will invest $643 million in a joint venture with the Danish brewer Carlsberg as part of a strategic partnership in Southeast Asia and Hong Kong, the company said Monday.

Read the full article at the source →