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United Breweries shares gain nearly 6% as Heineken ups stake

Shares of United Breweries Ltd surged nearly 6 percent Monday after Heineken International BV increased its stake in the company by buying shares worth Rs 152 crore.
Heineken ups stake in UBL; buys shares worth Rs 152 crore

Heineken International BV, the maker of Heineken beer, has increased its stake in United Breweries by buying shares worth Rs 152 crore in an open market transaction today.
Heineken may soon take management control of UBL: Sources

Post the deal, Heineken is likely to reshuffle the entire United Breweries board.
Heineken ups stake in UBL; buys shares worth Rs 39 crore

Heineken had indirectly acquired 37.5 percent stake in UBL following its worldwide takeover of Scottish & Newcastle (S&N) in January, 2008. Following the deal, Heineken has been raising stake in UBL through open market transactions.

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Heineken International Bv

United Breweries shares gain nearly 6% as Heineken ups stake

Heineken ups stake in UBL; buys shares worth Rs 152 crore

Heineken may soon take management control of UBL: Sources

Heineken ups stake in UBL; buys shares worth Rs 39 crore