Carlsberg

The offering, expected to comprise a secondary share sale by the brewer, can take place later this year

It is working with Kotak Mahindra Capital and local units of JPMorgan Chase and Citigroup on the share sale

It is planning for a continued crisis for the rest of the year

Details, including the size, structure and timing of the transaction, are still being finalised

Its organic operating profit is 13.99 billion Danish crowns before special items

DANISH brewer Carlsberg is considering selling part of its Asian operations, and Sapporo Holdings has emerged as a top candidate to make the purchase, people familiar with the matter said.

The Carlsberg-backed brewer is banking on rising disposable income and a youthful population to keep its growth fizzing

It raised its full-year profit guidance, breaking with those rivals who opted to keep their forecasts unchanged

Carlsberg expects between 1% and 5% growth in organic operating profit for the current year