UK: S&N to announce purchase of UB stake today - paper

By Chris Brook-Carter | 23 January 2002

Scottish & Newcastle, the UK's largest brewer, is to announce today that it has bought a minor shareholding in India's largest brewer United Breweries (UB), according to Indian  reports.   S&N has made no comment on the possible deal, but the UK brewer is known to have been one of a number of brewers involved in talks concerning an alliance with UB.

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Scottish & Newcastle, the UK's largest brewer, is to announce today that it has bought a minor shareholding in India's largest brewer United Breweries (UB), according to Indian  reports.   S&N has made no comment on the possible deal, but the UK brewer is known to have been one of a number of brewers involved in talks concerning an alliance with UB.

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