|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||58.16 - 58.84|
|52 Week Range||43.13 - 61.88|
|Beta (5Y Monthly)||0.75|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.98 (1.62%)|
|Ex-Dividend Date||Apr 26, 2021|
|1y Target Est||73.00|
HEINEKEN obtains controlling interest following UBL’s annual general meeting UBL becomes a top HEINEKEN operating company, Kingfisher a top 5 global brand Amsterdam, 30 July 2021 – Heineken N.V. (HEINEKEN) announces that, following United Breweries Limited’s (UBL) annual general meeting on 29 July 2021, it has obtained control of UBL in India. This follows HEINEKEN’s recent acquisition of additional ordinary shares in UBL on 23 June 2021, taking its shareholding in UBL from 46.5% to 61.5%. Dolf
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Heineken NV, the world's second largest beer maker, has taken control of India's largest brewer United Breweries Limited (UBL), cementing its position in a vast market where beer consumption could grow from a low base. The Dutch brewer said on Wednesday it had it had bought 39.6 million shares in UBL to push its holding to 61.5% from 46.5% before. Based on Tuesday's close at 1,466 Indian rupees, the acquisition would be worth 58.1 billion Indian rupees ($781.3 million).