Carlsberg signs JV deal to enter Myanmar
COPENHAGEN (Reuters) - Danish brewer Carlsberg (CARLb.CO: Quote) has signed a deal with a privately owned local beverage company, Myanmar Golden Star (MGS) Breweries, to brew and market Carlsberg beers in the country.
Carlsberg said in a statement on Friday that the companies plan to set up a new greenfield brewery and distribute Carlsberg beers in the local market.
The joint venture is 51 percent owned by Carlsberg, the brewer said.
(Reporting by Copenhagen Newsroom; Editing by Ken Wills)
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