ATLANTA (BUSINESS WIRE) The Coca-Cola Company announced today that it is delaying plans to list Coca-Cola Beverages Africa (CCBA) as a publicly traded company. In April 2021, The Coca-Cola Company first disclosed its intention to sell a portion of its shareholding in CCBA via an initial public offering. The decision is in…
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HEINEKEN NV: India s United Breweries becomes part of the HEINEKEN group
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 van den Brink, Chairman of the Executive Board / CEO, commented: UBL has a proud history dating back more than a century as an influential shaper of the beer industry in India. It built its position as the undisputed market leader in India with a strong network of breweries across the country and a fantastic portfolio led by its iconic Kingfisher brand family, complemented more recently by a strong HEINEKEN international brand portfolio. We are honoured to build on this legacy and look forward
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 van den Brink, Chairman of the Executive Board / CEO, commented: “UBL has a proud history dating back more than a century as an influential shaper of the beer industry in
India. It built its position as the undisputed market leader in
India with a strong network of breweries across the country and a fantastic portfolio led by its iconic Kingfisher brand family, complemented more recently by a strong HEINEKEN international brand portfolio. We are honoured to build on this legacy and look forward to working with our colleagues at UBL to continue to win in the market, delight consumers and customers and unlock future growth.”