Heineken® Silver Draught Beer will be exclusively offered in upscale bars and pubs in Mumbai, Thane, and Pune in Maharashtra. Expansion into…
Heineken’s total investment in Newco will be approximately €2.5 billion, in return for a 65% shareholding.
The Dutch-beer maker has been trying for years to get a majority stake in UB—51%—but have been futile since Mallya’s entire holding has been attached.
The inclusion of Denmark's Carlsberg and Belgium's AB Inbev are putting pressure on prices and lowering margins, intensifying the rivalries…
The deal will give Kirin control of the country's oldest brewery, and 90 percent of Myanmar's beer market, a company spokeswoman said.
Mallya and Heineken had entered into a shareholding pact, which was based on equal ownership of around 37.5 percent each. This gave both the parties…
According to block deals data available with BSE, Heineken International bought 4,25,000 shares or 0.15 per cent stake, in UBL for Rs 39.48 crore.
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