Heineken NV

Heineken boosts UBL stake with Diageo share acquisition

Progressive Grocer Bureau - July 8, 2015

Dutch beer giant Heineken NV has boosted its stake in United Breweries Ltd (UBL), with the acquisition of Diageo-controlled United Spirits Ltd's 3.2 per cent share in UBL for USD138 million (Rs 872 crore). With this buyout, Heineken's stake...

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