Heineken takes over control of United Breweries

The share sale also marks the first instance of banks making a significant recovery in the Kingfisher-Vijay Mallya case since the loans turned NPA, or into bad assets, in late 2012. 

published on : 24th June 2021

Heineken acquires 14.98% more stake in UBL; shareholding now at 61.5%

The move comes a day after markets regulator Sebi had exempted Heineken International B.V. from the obligation of making an open offer following its proposed acquisition of shares in UBL.

published on : 23rd June 2021