The Carlsberg Group has today signed an agreement regarding the sale of its remaining undeveloped land at the Tuborg site north of Copenhagen to the Danish pension fund, Danica. The transaction is in line with the Group’s ambitions of disposing of non-core assets, improving return on invested capital and reducing financial leverage.
The Carlsberg Group will receive a cash payment in 2015 of DKK 600-700m (post tax) from the disposal. The transaction is subject to the registration of title of the land by the authorities.
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Iben Steiness +45 3327 1232
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