Heineken, Carlsberg have their eyes on Myanmar market
Tue, Jul 07, 2015 - 5:50 AM
Carlsberg, probably best known for its understated beer ads, is now pursuing a similar growth strategy. And bondholders like it.
BIG beer's latest quest for growth has Heineken NV on a collision course with Carlsberg A/S. Both brewers are seeking to exploit the potential of Myanmar, the South-east Asian nation where more than 80 per cent of the adult population drinks beer produced by a company linked to the...