CompaniesManufacturingPrint articleUnited Malt raises $140m as beer sales go flatBrad ThompsonReporterUpdated May 14, 2020 – 4.46pm, first published at 11.46amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginUnited Malt Group is raising $140 million to strengthen its balance sheet after taking a hit from a drop in beer consumption during COVID-19 shutdowns across its global markets.The newly listed maltster noted a 30 per cent drop in demand in April with pubs and other hospitality and entertainment venues closed for business.Loading...Brad Thompson was a reporter at The Australian Financial ReviewSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreManufacturingGraincorpGraham BradleyLatest In ManufacturingFetching latest articlesMost Viewed In CompaniesThe Australian Financial Review MagazineAFR Magazine celebrates The Art of MovementLauren Sams‘We don’t want to die wondering’: Jo Horgan on Mecca’s biggest bet yetThis Brisbane restaurant deserves a Michelin starBOSS Financial ReviewWhy Grant Hackett enjoys being a CEO more than winning Olympic goldSally Patten and Lap PhanThis CEO thought he was healthy. Then he went for a checkHow the Macquarie CEO played a role in setting me up to lead MagellanLife & LeisureWho are the people in your neighbourhood? Amazon knowsJohn DavidsonWhy the world needs the democracy sausageHow horse riding gives this Sydney business leader his edgeRich ListWhy cashing out won’t be easy for Australia’s gambling billionairesPrimrose RiordanSpotlight’s new Anaconda will teach shoppers to fishPortelli hits fast lane on mooted LMCT+ sale, MacCap takes the wheel