Carlsberg said to begin $700 million IPO process for India unit

The company has picked The offering is expected to consist of a A listing would position the brewer alongside a growing number of multinational companies tapping Indian markets to capitalize on higher local valuations. Hyundai Motor Co., LG Electronics Inc. and Pernod Ricard SA, the maker of Absolut vodka and Chivas Regal Scotch whisky, is also considering a listing of its Indian business. Companies including Bonfiglioli Transmission Pvt., Hindustan Coca-Cola Beverages and Fossil Group Inc. are among other ...