Heineken takes charge of United Breweries

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Dutch beer giant Heineken has taken control of the India’s largest brewer by buying fugitive businessman Vijay Mallya’s shareholding in United Breweries Limited (UBL). The acquisition was made in a block deal that helped a clutch of banks recover as much as 70 per cent of the Rs 9,900 crore lent to Mallya. Heineken has…

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