Tuesday, May 14, 2013

Heineken takes 3.2% stake in United Breweries; shares soar

May 15, 2013 ,Mumbai:-





Heineken NV\'s UK unit has acquired a 3.21 per cent stake in United Breweries Ltd, the Indian alcohol company said on Wednesday, sending its shares up by more than 6 per cent.



United Breweries, controlled by liquor baron Vijay Mallya, said in a stock exchange filing that Heineken UK Ltd had been allotted the stake formerly held by Scottish & Newcastle India Pvt. Ltd, controlled by Heineken.


News From: http://www.7StarNews.com

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