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Weekly Deals Wrap: Consumer transactions dominate; Tiger makes headlines again

Finance

25 June, 2021

Weekly Deals Wrap: Consumer transactions dominate; Tiger makes headlines again

In the fourth week of June, two control deals in the consumer sector dominated the charts, one bankrolled by a ......

Kingfisher Airlines lenders recover $787 mn by selling pledged shares

Finance

23 June, 2021

Kingfisher Airlines lenders recover $787 mn by selling pledged shares

Nine years after bankrupt Kingfisher Airlines Ltd was grounded, the State Bank of India-led lenders consortium has managed to recover ......

Heineken takes control of India's largest brewer United Breweries

Consumer

23 June, 2021

Heineken takes control of India's largest brewer United Breweries

Heineken NV, the world's second largest beer maker, has taken control of India's largest brewer United Breweries Limited (UBL), cementing ......

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Chinese private equity fund bets on India's largest beer maker

Consumer

21 April, 2020

Chinese private equity fund bets on India's largest beer maker

A Chinese private investment firm has invested in United Breweries Ltd as it sought to take advantage of a sharp ......

Heineken ups stake in Kingfisher maker for $146 mn as UB Group's pledged shares sold

Consumer

27 March, 2019

Heineken ups stake in Kingfisher maker for $146 mn as UB Group's pledged shares sold

Dutch brewing giant Heineken has increased its shareholding in United Breweries Ltd, the listed Bengaluru-based firm once headed by fugitive ......

United Breweries asks Vijay Mallya to quit as chairman

Consumer

09 February, 2017

United Breweries asks Vijay Mallya to quit as chairman

United Breweries Ltd has asked Vijay Mallya to step down as its non-executive chairman after the Securities and Exchange Board ......

Heineken ups stake in Kingfisher beer maker for $23 mn

Consumer

16 September, 2016

Heineken ups stake in Kingfisher beer maker for $23 mn

Dutch brewer Heineken has increased its equity stake in United Breweries Ltd by acquiring an additional 0.7% through an open ......