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Carlsberg in Talks to Up China Brewery Stake

Carlsberg is in talks to increase its stake in Chongqing Brewery Co, its joint-venture partner in China, the Danish brewer said on Monday. The company, which inherited a stake in Chongqing Brewery through its takeover of Britain's Scottish and Newcastle, raised it in 2010 to make it the biggest shareholder in the Chinese company with 29.7 percent. (Reuters)