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