NewsWhore
08-13-2009, 06:20 PM
Cerveceria Nacional Dominicana (CND), the Presidente beer brewery, is about to purchase the controlling stakes in Antigua Brewery Ltd, as reported in the Antigua Sun.
As reported, the CND has entered into an agreement for the acquisition of 93% of Antigua Brewery and 75% of Antigua PET Plant Ltd.
It has entered into a US$31 million purchase agreement for Royal Unibrew A/S controlling stakes in its beer, malt, soft drink and water operations, not only in Antigua but also in St. Vincent and Dominica.
CND is the leader in the Dominican Republic's beer and malt markets and Royal Unibrew A/S is a Danish publicly-traded company with operations in Denmark, Poland, Lithuania, Latvia and the Caribbean.
The transaction is subject to customary conditions and is expected to close no later than February 2010.
More... (http://www.dr1.com/index.html#10)
As reported, the CND has entered into an agreement for the acquisition of 93% of Antigua Brewery and 75% of Antigua PET Plant Ltd.
It has entered into a US$31 million purchase agreement for Royal Unibrew A/S controlling stakes in its beer, malt, soft drink and water operations, not only in Antigua but also in St. Vincent and Dominica.
CND is the leader in the Dominican Republic's beer and malt markets and Royal Unibrew A/S is a Danish publicly-traded company with operations in Denmark, Poland, Lithuania, Latvia and the Caribbean.
The transaction is subject to customary conditions and is expected to close no later than February 2010.
More... (http://www.dr1.com/index.html#10)