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India’s United Breweries becomes part of the HEINEKEN groupGlobeNewswireJuly 30, 2021HEINEKEN obtains controlling interest following UBL’s annual general meetingUBL becomes a top HEINEKEN operating company, Kingfisher a top 5 global brandAmsterdam, 30 July 2021 – Heineken N.V. (HEINEKEN) announces that, following United Breweries Limited’s (UBL) annual general meeting on 29 July 2021, it has obtained control of UBL in India. This follows HEINEKEN’s recent acquisition of additional ordinary shares in UBL on 23 June 2021, taking its shareholding in UBL from 46.5% to 61.5%.
Source: AsiaOne