Carlsberg has issued a discounted 30.5bn crown rights issue to repay part of the debt used to buy Scottish & Newcastle. The brewer is doubling the number of shares on offer and offering a 40% discount on the closing price of 666 crowns on Wednesday. Shares will be available on a one-for-one basis at 400 crowns each. Carlsberg and Heineken completed the acquisition of Scottish & Newcastle for £7.8bn last month. The announcement comes after it was revealed that the Danish brewer was mulling the sale of 1.1bn Danish Crowns (£117m) worth of its water and soft drinks brands to Coca-Cola, according to reports. It is understood that the sale would also help the brewer to cover the high interest costs following the takeover of Scottish & Newcastle. The brands to be taken over would include mineral water Ramloeasa and energy drink Battery, according to the local financial newspaper Boersen.

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