7th Jul 2015 12:41
LONDON (Alliance News) - United Spirits Limited, a subsidiary of Diageo PLC, on Tuesday notified the Bombay Stock Exchange of the sale of its outstanding equity holding amounting to 8.50 million shares in United Breweries Limited to Heineken International B.V. at a price of Rs 1,030 per share.
The aggregate consideration net of brokerage costs is Rs 8.720 billion.
Following the completion of this sale, United Spirits Limited will hold no shares in United Breweries Limited.
Copyright RTT News/dpa-AFX
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