Donald Trump's return adds new twist to Western firms' Russia exit dilemmaWestern companies still operating in Russia face heightened uncertainty under Trump's impending presidency and stricter exit conditions fro...
20 Jan, 2025, 12.08 PM IST
Russia approves $320 mln sale of Carlsberg assets to local businessmen, document showsRussia's government approved the sale of Carlsberg's Russian assets to VG Invest for 34 billion roubles. Carlsberg's Baltika Breweries was ...
03 Dec, 2024, 03.27 PM IST
Russia's Baltika sues Carlsberg arms for over $900 million in damagesMoscow took control of Carlsberg's stake in Baltika in July 2023 and placed it under "temporary management", prompting Carlsberg Group CEO ...
02 Apr, 2024, 12.18 AM IST
Putin clears Rosbank's purchase of Societe Generale's Russian assetsRussian President Vladimir Putin has signed a decree allowing Rosbank to purchase stakes in leading Russian companies owned by Societe Gene...
25 Dec, 2023, 12.28 AM IST
Companies sell their businesses in RussiaBelow are some of the companies by sector that have secured deals to sell their businesses in Russia:
12 Apr, 2023, 07.02 PM IST
Carlsberg CEO announces surprise retirementThe 65-year-old Dutchman, who has led the Danish beermaker for the last eight years, "has decided to retire" the company said in a statemen...
07 Mar, 2023, 09.08 PM IST
Nirma makes ₹1,650-crore offer for Hindusthan National GlassAfrica-based bottle maker Madhvani Group and AGI Greenpac, known as makers of Hindware products, also submitted separate resolution plans f...
29 Jul, 2022, 12.37 AM IST
Carlsberg, Nirma, PEs in race for bottlemaker HNGDanish beer maker Carlsberg, private equity funds Oaktree Capital and Cerberus, Nirma Chemicals and SNJ Distilleries are among a dozen enti...
26 May, 2022, 06.08 AM IST
Petronas' Indian arm buys 100 megawatts of assets - worth Rs 800 crore - from Acme SolarAcme, established in 2003 by Manoj Kumar Upadhyay, is one of the largest solar IPPs in India with a diversified portfolio of 5GW spread acr...
11 Sep, 2020, 07.19 AM IST
Petronas in talks to acquire assets of Acme SolarOne of the largest solar power developers in India, Acme Solar has a portfolio of 5.5 GW with an operational capacity of 2.9 GW and 2.6 GW ...
27 May, 2020, 07.50 AM IST
Bira beer maker raises Rs 25 cr from Anicut CapThe company, in its latest filing with the Registrar of Companies, said it has issued 250 non-convertible debentures worth `10 lakh each to...
15 Dec, 2017, 09.18 AM IST
SAB's failure to combine with Heineken leaves it more vulnerable to takeover bid by InBevHeineken said it rejected an approach from SABMiller, an overture that intended to help fend off a possible bid for the Miller Lite maker b...
16 Sep, 2014, 06.48 AM IST
Chilled beers and summer nights: Football’s hereKingfisher emerged as the brand leader, which was not surprising, but to find Carlsberg and Budweiser to be the closest competition really ...
08 Jul, 2014, 04.00 AM IST
- S&N's 37.5% stake in UB goes to Dutch brewer Heineken
The arrival of Heineken could help Mr Mallya take on global competition, positioning Heineken brand at the top-end of the market. Invest in...
26 Jan, 2008, 07.05 AM IST
- Heineken eyes UB stake as S&N climbs down
As part of the bidding combine's world-wide carving up of S&N's assets, Heineken may go after its stake in Mallya's United Breweries. Inves...
19 Jan, 2008, 03.00 AM IST
- Heineken teams up with Carlsberg to bid for S&N
It is believed that a potential bid for S&N could come over $12 bn and UB with a current market cap closer to $2 bn may be a key element. C...
18 Oct, 2007, 02.58 AM IST
- Carlsberg, A-B won't say cheers to buys
Global beer giants may stay away from acquiring assets in India with valuations sky-rocketing.
11 May, 2007, 02.55 AM IST