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 MagazineThe top whisky you can buy without going on a waiting listMax AllenThe luxury travel trend you probably haven’t consideredThe restaurant that’s turning back the clock (in the best way)BOSS Financial ReviewForget WFH – what it’s really like to ‘work from anywhere’Rachael BoltonThe US governance model taking over Australian boardroomsThis CEO wakes at 5am, but doesn’t get in to work till 10amLife & LeisureOne of Australia’s most loved authors reveals her weekend ritualsLucy DeanRoom service for your bedroom and Blue Crush-inspired fashionJewels that cost millions – and the clients who buy themRich ListBillionaires Escalante and Arnaout taking liberties with ASICPrimrose RiordanCinema giant flags part-sale of Sydney’s George Street complexAnnie Cannon-Brookes steps out on her own