Heineken International BV, the maker of Heineken beer, has increased its stake in United Breweries as it bought shares worth Rs.39.48 crore in the company through an open market transaction on Thursday.
Heineken International bought 4.25 lakh shares, or 0.15 per cent stake, in UBL for Rs.39.48 crore, according to a BSe filing. The shares were bought from Yes Bank at an average price of Rs.951.50 apiece. As on September 30, Heineken held 42.07 per cent stake in UBL through three companies — Heineken International BV, Heineken UK and Scottish & Newscastle India. While Scottish & Newscastle India held 34.04 per cent stake in the firm, Heineken International BV held 4.82 per cent and Heineken UK held 3.21 per cent.
