Business briefs: Carlsberg | Sony | The Centre

DANISH brewer Carlsberg is to sell the bulk of a former Copenhagen brewery site to a group of investors for 2.5 billion Danish crowns (£278 million) under plans to reduce its debts.

Analysts said the sale will free up more cash for acquisitions. The beer maker, which joined forces with Dutch peer Heineken to break up Scottish & Newcastle in 2008, will retain a 25 per cent stake in the site as a “long-term investment”.

Sony’s new broom will cut workforce

Sony yesterday confirmed that it would slash 10,000 jobs, or about 6 per cent of its global workforce, and turn around its money-losing television business to try to return to profit after four years in the red.

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The company employs some 450 people at a plant in Pencoed, South Wales. New Sony chief executive and president Kazuo Hirai outlined his business strategy as he pledged to revive the electronics and entertainment company.

Consolidation and new lets at Centre

Retailers Phones4u and Sony have renewed their contracts at The Centre in Livingston for the next ten years, while two smaller lettings have been agreed.

Phone Xchange and Millie’s Cookies are to start trading from small units at the West Lothian shopping centre, which is run by Land Securities. Sony will relocate its electronics store in the centre, with the new site due to open this month.