Carlsberg has generated net proceeds of about DKr1.9bn (£173m) by selling half its stake in Hite Brewery, of South Korea.
It placed 11.9% of Hite in the market and sold almost 2.3m shares.
The Danish brewer plans to use the proceeds to reduce debt and invest elsewhere.
Financial Times 03/12/05 page 21
The Times 03/12/05 page 58 (Need to know)
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