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HEINEKEN ACQUISITIONS
From coffee to booze: Rafael Oliveira, the new boss of HeinekenHeineken has appointed Rafael Oliveira as its new CEO, marking the first external hire for the top role. Oliveira, previously CEO of JDE Pe...
Heineken lays out plan to grow beer sales, cut costsDutch brewer Heineken unveiled its "EverGreen 2030" strategy, aiming for mid-single-digit organic net revenue growth annually until 2030, w...
United Breweries lays off over 150 mid, senior level employeesThe retrenched employees have been extended support including severance benefits, access to outplacement services, health benefits and coun...
Vijay Mallya’s last nominee on UBL board to step downMajority shareholder Heineken has named Berend Odink as director and the chief financial officer of United Breweries to replace Nedungadi, ...
Heineken seeks change in UB’s AoA to oust Mallya and name chairmanThis follows Heineken’s acquisition of the fugitive economic offender’s shares from the Debt Recovery Tribunal that had increased its share...
Heineken takes control of India's United BreweriesDutch brewer Heineken NV on Wednesday said it had bought 39.6 million shares in UBL to push its holding to 61.5% from 46.5% before. Based o...
Heineken International gets exemption on open offer in UBL caseIn June, Heineken International BV made an application to Sebi seeking exemption under the Takeover Code for the proposed acquisition of 3....
Sebi exempts Heineken International from open offer obligation in UBL caseAs per the application, the acquirer or Heineken International is presently evaluating the acquisition of a maximum of 3,96,44,346 equity s...
CCI approves Heineken's additional equity stake acquisition in United BreweriesThis, however, is subject to the outcome of certain court proceedings, a combination notice filed with the Competition Commission of India ...
Dutch beer giant Heineken appoints JM Financial to help increase stake in United BreweriesMallya, his family members and associate companies together own 32.89% of the company and 47.68% of that is pledged, according to data sour...
United Breweries apprehensive it may be pressured by banks to force out Vijay Mallya from the boardA top official close to the development said in case banks send them an official communication, the board would be under pressure to seek a...
United Breweries shares surge over 3% on boursesShares of Vijay Mallya-owned United Breweries today surged over 3%, after the company said Heineken UK Ltd has acquired 3.21% stake in it.
Heineken acquires 3.2% stake in Vijay Mallya controlled United BreweriesHeineken NV's UK unit has acquired a 3.21% stake in United Breweries Ltd, sending its shares up by more than 6%.
- APB row threatens to spoil Mallya’s Heineken party
Heineken indicates it will not leave the Asian partner, Asia Pacific Breweries , in lurch, while partnering United Breweries in India.Highe...
- UB presses Heineken to sort out competing issue with APB
UB Group is pressing for resolution of the issue with Dutch-based Heineken NV, which is the single largest shareholder in both companies.
- Global buys pushed UB to drag Heineken to court
Mallya filed a suit in against Heineken seeking termination of the special rights and privileges granted to S&N under the deal. High-end wh...
- Vijay Mallya says cheers to Heineken beer
Heineken to inherit Scottish & Newcastle's 37.5% stake in Vijay Mallya's United Breweries following a joint acquisition with Carlsberg glob...
- Mallya wants to buy Heineken's 37.5% stake in UB
Deal will allow it to enter wider price points within Australia as well as major markets of UK, Europe and US. Invest in wine I High-end wh...
- Heineken set to buy out Chowgule stake in JV
The Heineken arm, Asia Pacific Breweries (APB), is set to buy out the local partner Vijay Chowgule’s stake in its Indian venture, Aurangaba...
- Heineken profit up 14% in H1 on US, European sales
Dutch brewer Heineken NV reported a 14% rise in first-half operating profit, beating forecasts, after strong sales growth in the Americas a...