INDIA: Twelve breweries in race for UB stake - sources
By Chris Brook-Carter | 19 September 2001
Twelve international companies have expressed an interest in the strategic stake being offered by Indian giant the UB Group in its demerged beer arm BrewCo, local sources have said. Officials from within UB are quoted in India's Business Line saying that 12 foreign brewers have been involved in preliminary interactions that could lead to formal bids by mid-October.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Twelve international companies have expressed an interest in the strategic stake being offered by Indian giant the UB Group in its demerged beer arm BrewCo, local sources have said. Officials from within UB are quoted in India's Business Line saying that 12 foreign brewers have been involved in preliminary interactions that could lead to formal bids by mid-October.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
More articles related to this one
SWEDEN: Carlsberg to launch summer beer
Carlsberg Sverige is looking to introduce a lemon-flavoured beer to the Swedish market.
AUSTRIA: Heineken sells real estate business
Heineken said yesterday that its Austrian subsidiary Brau Union AG has signed an agreement for the divestment of its Real Estate Division. This division comprises all non-business related real estate units. The consideration of the transaction after capital gain taxes amounts to €238m.
HOLLAND: Heineken buys into Chinese brewer
Heineken has acquired a 40% stake in a Chinese brewery.
