Carlsberg to buy Russian unit Baltika
Carlsberg said it would buy the shares it does not own in Russian subsidiary Baltika for up to $1.2bn, even as the Danish brewer reported a drop in full-year profit due to weakness in its eastern European operations.
At the Skanska Capital Market Day in Stockholm today, Johan Karlström, President and CEO of Skanska, will comment on the preliminary order bookings, revenues and residential and property sales during the first five months of 2009.