By Jaime Llinares Taboada
Heineken NV said Wednesday that it has expanded its shareholding in Indian conglomerate United Breweries Ltd. to 61.5% from 46.5%.
The Dutch beer company said it acquired an additional 39.6 million shares. Based on the current share price of INR1,429.50, the acquired stake has a value of 56.67 billion rupees ($763.9 million).
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
06-23-21 0119ET