Carlsberg finds buyer for all assets in Russia

Carlsberg has secured what it hopes will be the pending disposal of its business in Russia, describing the process as having been "very complicated". The multinational brewer, which accounted for around a third of the Russian beer market, confirmed today [23 June] that a buyer for its Baltika operations in the country has been lined up. An agreement has been signed, although Carlsberg is still awaiting the approval of the country's authorities. A timeframe for completion of the divestment could not be confirmed. Following Russia's invasion of Ukraine in February last year, Carlsberg j