United Breweries is yet to confirm the deal formally. “”We will make a formal announcement soon. Till then, we don’t want to discuss the deal in public,” a UB spokesperson said.
INDIA: UB in move for Empee Breweries
The Indian brewing group, United Breweries, is reported to have acquired the Madras-based beer company, Empee Breweries, in a deal worth around INR1 billion.