MAJOR DEVELOPMENT! CCI approves Heineken International's additional equity stake in United Breweries
The Competition Commission of India (CCI) has paved the way for acquisition of additional equity shareholding of United Breweries Limited by Heineken International BV (HIBV). This was informed by Ministry of Corporate Affairs in a presser on Tuesday.
The proposed transaction relates to HIBV’s potential acquisition of additional equity stake up to a maximum of approximately 16.40 percent shareholding in UBL. Source: Reuters