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Heineken raises stake in India's United Breweries to 43 pct

2016-03-23 20:06:31| Beverages - Topix.net

Heineken NV has raised its holding in India's largest brewer United Breweries Ltd to 43 percent by buying 24 million euros worth of additional shares on Wednesday, a spokesman for the Dutch brewer said. Heineken, which bought a 37.5 percent stake in United Breweries in 2008 through its takeover of Scottish & Newcastle, previously owned 42.2 percent of the maker of Kingfisher beer.

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