(Bloomberg) -- Carlsberg A/S said its founding trust plans to loosen control, boosting brewing shares on speculation the Danish beermaker may issue stock to buy rivals.
The 131-year-old Carlsberg Foundation will seek to amend a rule that it ``must always'' hold at least 51 percent of the company's stock, enabling Carlsberg to double its share capital, the Valby, Denmark-based brewer said today in a statement. Shares of Scottish & Newcastle Plc, the U.K. maker of John Smith's ale, rose on speculation that it's more likely to get a takeover bid.
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