--Carlsberg A/S (CABGY) is planning a local initial public offering of its Indian business as it moves to target middle-class India's growing appreciation of foreign beer, Bloomberg reports.

--Bloomberg says that the brewer, based in Denmark, will interview potential arrangers for the share sale over the next few weeks.

--India's beer market is expected to grow to $10.7 billion by 2020, according to Bloomberg.

Full story: https://bloom.bg/2sSl2WA

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(END) Dow Jones Newswires

June 13, 2018 08:33 ET (12:33 GMT)

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