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Carlsberg and Sapporo Breweries to Form JV in Southeast Asia and Hong Kong

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Danish brewer Carlsberg CARL.A 0.90%increase; up pointing triangle and Japanese peer Sapporo Breweries agreed to form a joint venture to cooperate in Southeast Asia and Hong Kong.

The new venture will include Carlsberg’s existing operations in Malaysia, Hong Kong and Singapore—markets where the two companies already collaborate—as well as in Laos, Vietnam and Cambodia.

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