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  • Jean-Francois Van Boxmeer to succeed Gerard Kleisterlee as Vodafone chairman May 22, 2020 12:37 PM IST

    Jean-Francois Van Boxmeer to succeed Gerard Kleisterlee as Vodafone chairman

    The British company said Van Boxmeer, a Belgian, will join as a non-executive director on July 28.

  • Heineken may up stake in United Breweries by 10-15%: Report Dec 24, 2019 03:50 PM IST

    Heineken may up stake in United Breweries by 10-15%: Report

    Already the largest shareholder in United Breweries with a 46.7 percent shareholding, Heineken seeks to further strengthen its control in the company by taking its stake to over 51 percent.

  • SBI moves Karnataka High Court for rights over 2.8% stake in United Breweries: Report Mar 18, 2019 12:43 PM IST

    SBI moves Karnataka High Court for rights over 2.8% stake in United Breweries: Report

    Heineken, UBL's largest shareholder with a 44 percent stake, has reportedly approached SBI for the stake.

  • In dry state of Gujarat, liquor cos battle over non-alcoholic drinks: Report Oct 10, 2018 11:08 AM IST

    In dry state of Gujarat, liquor cos battle over non-alcoholic drinks: Report

    Along with UB, London Pilsner and Heineken beer also plan to launch a slew of zero-alcohol beer in Gujarat as well as elsewhere

  • Heineken seals $3.1 billion tie-up with China Resources Beer, shares surge Aug 03, 2018 09:17 AM IST

    Heineken seals $3.1 billion tie-up with China Resources Beer, shares surge

    The deal will see Heineken, the world's No. 2 brewer, take a 40 percent stake in CRH Beer for HK$24.35 billion ($3.1 billion), giving the Dutch brewer a strong distribution network in China and greater access to one of the world's fastest-growing premium beer sectors.

  • Heineken seeks legal advice on appointing United Breweries chairman: Report Jul 17, 2018 04:08 PM IST

    Heineken seeks legal advice on appointing United Breweries chairman: Report

    Heineken is believed to be in talks with absconding businessman Vijay Mallya on his role as UBL's chairman.

  • No plan for EGM; SEBI has asked Mallya to step down: UBL Feb 16, 2017 11:10 AM IST

    No plan for EGM; SEBI has asked Mallya to step down: UBL

    SEBI has passed an order asking Vijay Mallya to not be on the board till the order is stayed, said Shekhar Ramamurthy, MD of United Breweries.

  • DRT allows banks to recover Rs 6,203 cr from Vijay Mallya Jan 19, 2017 12:10 PM IST

    DRT allows banks to recover Rs 6,203 cr from Vijay Mallya

    In a setback to Vijay Mallya, the Debt Recovery Tribunal (DRT) Thursday allowed SBI-led consortium to petition against the liquor baron. The tribunal has ordered payment of Rs 6,203 crore.

  • Mallya Case:DRT reserves order on banks plea for dues recovery Jan 03, 2017 05:30 PM IST

    Mallya Case:DRT reserves order on banks plea for dues recovery

    The Debt Recovery Tribunal here has reserved its order on the pleas of SBI-led consortium of banks for recovery of over Rs 9,000 crore from beleaguered liquor baron Vijay Mallya in the Kingfisher Airlines case.

  • Mallya in 'full control' even after moving to UK: UB Group Sep 18, 2016 05:00 PM IST

    Mallya in 'full control' even after moving to UK: UB Group

    Beleaguered businessman Vijay Mallya remains in "full control" even after relocating to UK, his UB group's holding firm United Breweries Holdings Ltd has said while disclosing remuneration totalling Rs 1.6 crore.

  • Heineken ups stake in UBL; buys shares worth Rs 152 crore Sep 16, 2016 06:58 PM IST

    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.

  • United Breweries shares rally 9% after block deal worth Rs 152cr Sep 16, 2016 12:46 PM IST

    United Breweries shares rally 9% after block deal worth Rs 152cr

    Sources told CNBC-TV18 that private bank may have sold company's pledged shares while Heineken is likely buyer in block deal.

  • DRT orders tomorrow on 3 in'cutory applications in Mallya case Jul 15, 2016 07:36 PM IST

    DRT orders tomorrow on 3 in'cutory applications in Mallya case

    Dutch beer major Heineken had filed an application before the Debt Recovery Tribunal, seeking to be impleaded in the case to enjoy Right of First Refusal (ROFR) over UBL shares.

  • Exclusive: Vijay Mallya to step down as UB Chairman Jun 16, 2016 11:13 AM IST

    Exclusive: Vijay Mallya to step down as UB Chairman

    Embattled liquor tycoon Vijay Mallya is likely to step down as Chairman of United Breweries Ltd at a meeting that will be held soon.

  • Steven Bosch to be new UBL CFO, van Zon to return to Heineken Jun 15, 2016 09:12 PM IST

    Steven Bosch to be new UBL CFO, van Zon to return to Heineken

    After more than three years of a successful financial leadership with United Breweries Ltd (UBL), Henricus Petrus van Zon, Executive Director and Chief Financial Officer, will move on to a next assignment with Heineken effective September 1, 2016, the company said in a BSE filing.

  • Stake hike doesn't change UBL governance structure: Heineken Mar 29, 2016 02:24 PM IST

    Stake hike doesn't change UBL governance structure: Heineken

    "Heineken can confirm that it has acquired in total 21,15,088 UBL shares... The transaction increases Heineken's stake in UBL from 42.2 percent to 43 percent...It does not result in any changes to the UBL governance structure," a Heineken spokesperson told PTI in an emailed response.

  • Heineken picks up United Breweries shares worth Rs 179-cr Mar 23, 2016 07:50 PM IST

    Heineken picks up United Breweries shares worth Rs 179-cr

    Beer maker Heineken International today consolidated its stake in United Breweries Ltd (UBL) by picking up over 21 lakh shares of Vijay Mallya-led firm for Rs 179 crore through open market transactions.

  • Property deal between USL, Vijay Mallya under Sebi scanner Mar 23, 2016 12:31 PM IST

    Property deal between USL, Vijay Mallya under Sebi scanner

    According to the deal, Mallya will get a 10 percent discount on three prime USL properties in Goa, Delhi and Mumbai

  • Heineken eyes control of Vijay Mallya's United Breweries Mar 17, 2016 02:07 PM IST

    Heineken eyes control of Vijay Mallya's United Breweries

    Heineken acquired a 37.5 percent stake in United Breweries in 2008 through its takeover of Scottish & Newcastle and has since increased its holding to 42.4 percent.

  • Confusion over what happens to ‘Kingfisher‘ trademark persists Mar 11, 2016 01:04 PM IST

    Confusion over what happens to ‘Kingfisher‘ trademark persists

    There is still confusion over the future of ‘Kingfisher‘ trademark for the United Breweries beer category, reports CNBC-TV18‘s Varinder Bansal.

  • Senate calls hearing in Anheuser-Busch InBev mega beer deal Dec 01, 2015 11:40 AM IST

    Senate calls hearing in Anheuser-Busch InBev mega beer deal

    AB InBev, whose takeover of SABMiller would be one of the largest mergers in corporate history, formally announced early in November that it would buy SABMiller for $106 billion. It also said that it agreed to sell the latter's stake in US venture MillerCoors to help win regulatory approval.

  • Hot summer boosts Heineken beer sales Oct 28, 2015 06:27 PM IST

    Hot summer boosts Heineken beer sales

    The Amsterdam-based brewer said it sold in July through September 51.2 million hectolitres of beer, which roughly equates to more than 2,000 Olympic-sized swimming pools. Turnover amounted to 5.5 billion euros (USD 6.08 billion).

  • Heineken CEO 'happy' about rival brewer deal Oct 16, 2015 08:38 PM IST

    Heineken CEO 'happy' about rival brewer deal

    Despite being faced with a giant challenge from the mega-merger, worth more than USD 100 billion, the head of the Dutch brewer wasn't worried about a new challenger in Heineken's targeted growth markets, such as Africa.

  • Heineken and Diageo swap assets in 3 continents Oct 07, 2015 01:11 PM IST

    Heineken and Diageo swap assets in 3 continents

    The disposal includes sale of Diageo's 57.87 percent stake in D&G to Heineken, bringing Heineken's stake in D&G to 73.32 percent.

  • AB InBev sets its sights on SABMiller Sep 16, 2015 05:21 PM IST

    AB InBev sets its sights on SABMiller

    In a statement made in response to recent press speculation, SABMiller said that no proposal had yet been received from AB InBev and that it would respond as appropriate once an approach had been made.

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