date:Dec 04, 2012
Danish beer giant Carlsberg has consolidated 100 percent of the shares of Russia's leading brewery Baltika after completing the purchase of about 15 percent of the brewerys stock from minority shareholders, Baltika said on Thursday.
Carlsberg announced its intention in February to purchase the remaining 15 percent of Baltikas stock from minority shareholders in a voluntary offer and then launch a compulsory purchase of the outstanding shares.
Carlsberg estimated the value of the deal at $1.