India: Heineken increases stake in United Breweries to 43%

India: Heineken increases stake in United Breweries to 43%

Bottles of beer are seen on an assembly line during the opening ceremony of the Heineken Beer factory outside Yangon July 12, 2015. REUTERS/Soe Zeya Tun

Dutch beer maker Heineken has bought additional shares of United Breweries Ltd from the open market to raise its total stake in the Indian company to 43% amid rumours that Heineken will ask Mallya to step down from the board.

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