The stock of the country's largest beer maker, United Breweries (UBBL), is trading at 25-month lows given multiple headwinds related to volumes, regulatory issues, and margin trajectory. After a muted second quarter (July-September) of 2025-26 (Q2FY26), brokerages also expect the company's Q3FY26 performance to be underwhelming.
Pogba, a practising Muslim, removed the bottle when he sat down to speak to the media after he was named 'Man of the Match' in France's 1-0 Group F win over Germany.
The Competition Commission of India (CCI) on Tuesday said that the proposed additional stake buy in United Breweries (UB) by Dutch major Heineken does not raise any competition concerns, effectively clearing the deal. In its order, the CCI said, "It is submitted that the proposed transaction does not give rise to competition concerns regardless of delineation of the relevant market for the purpose of this filing." UB is the country's largest beer company, while Heineken is the world's second-largest brewer after Anheuser-Busch (AB) InBev.
Italy defender Leonardo Bonucci could not get enough of the sponsors' offerings on Sunday, taking big swigs of Coca-Cola and Heineken as he spoke to media after their victory over England.
Dutch brewing major Heineken on Wednesday said it has acquired an additional 14.98 per cent stake in United Breweries Ltd, taking its total shareholding to 61.50 per cent. "Heineken N.V. today (on Wednesday) announces that it has acquired an additional 39,644,346 ordinary shares in United Breweries Ltd (UBL) taking its shareholding in UBL from 46.5 per cent to 61.5 per cent," Heineken said in a statement. UBL, with its flagship brand 'Kingfisher', is the leading player in the beer market in India.
Five years after the Dutch brewer took 37.4% in Vijay Mallya's UB, it has bought another 1.35%.
Ending an almost two-year-long dispute over partnership with the Vijay-Mallya owned United Breweries Ltd, Heineken NV, the world's third-largest brewery firm, on Monday agreed to permit UBL to brew and market the Heineken brand in India.
Heineken, among the world's top brewing firms, had been in protracted negotiations with UB, India's largest brewing firm and owned by billionaire Vijay Mallya. However, according to UB sources, Heineken is understood to have now agreed to bring Asia Pacific Breweries' India operations into the UB fold, thus ending the year-long impasse.
Heineken could call a shareholder meeting to vote on his ouster from a company his father built into a family empire
This is part of a worldwide deal under which S&N's global operations will be jointly acquired by Danish beer giant Carlsberg and Heineken for $15.4 billion. Under an agreement reached by three companies involved in the deal, Heineken will take over S&N's India operations.
"They have beer business in India, which has a conflict of interest as Kingfisher is the largest beer brand in the country. I am ready to buy back," Mallya said in Baramati while opening United Spirits' Baramati Four Seasons winery. Earlier in January, a consortium of Carlsberg and Heineken had acquired S&N for 7.5 billion pounds. S&N had 37.5 per cent stake in the UB Group. As per the takeover agreement, Heineken was supposed to continue to hold S&N's business in the UK.
This is as definitive as it can get. Dutch global beer major Heineken is understood to have outlined its intent to Vijay Mallya's United Breweries that it does not want to have any conflicting presence in India.
India's United Breweries has suggested close distribution ties with Heineken following the takeover offer by the Dutch brewer and Carlsberg for Scottish & Newcastle, which owns a stake in UB.
Vijay Mallya, during the past two days, had ceded a marginal stake in it, allowing Heineken to be the single largest shareholder.
With this, Heineken's stake has risen from 39% to 42.2%.
The crowded beer market in the country is poised to welcome two more established labels. Singapore-based Asia Pacific Breweries (APB) has decided to brew its international brands, Tiger and Heineken, in India and is looking for suitable locations.
Bengaluru-based United Breweries (UBL), makers of Kingfisher beer, is eying strong growth in the premium beer segment, driven by changing consumer preferences towards premiumisation. "Across categories, premiumisation is taking place as people are looking for better choices and beer is no different. "People are upgrading to better beer and newer brands. We have a good offering of premium brands - Kingfisher's premium variants are Ultra and Ultra Max," Vikram Bahl, chief marketing officer (CMO), UBL, said in an interview.
Leander Paes and Raven Klaasen breezed into the title clash of the Heineken Open after knocking out second seeds Bruno Soares and Alexander Peya in the semi-finals in Auckland on Friday.
Andriy Yarmolenko became the latest player at the European Championship to mess about with sponsors' drinks bottles
Ronaldo moved Coca Cola bottles aside as he sat down to speak to the media on the eve of Tuesday's Group F opener against Hungary in Budapest.
UB Group Chairman Vijay Mallya's grip on United Breweries slipped further on Thursday, after lenders to UB Group companies offloaded a part of the stake in Kingfisher beer that was pledged to them.
In all, 4.2 million shares were sold during the quarter.
United Breweries says sales could fall by 40% following court ban.
Heineken's joint takeover of Scottish & Newcastle could put the Dutch group in a position to try to take over the British brewer's fast-growing Indian partner, United Breweries, which is controlled by Indian billionaire Vijay Mallya, writes Joe Leahy in Mumbai.
Diageo gets assurance, Heineken may seek one, too.
The South-East Asian country is a growing market for sponsors such as brewer Heineken and will give the region four races on the calendar again after the departure of Malaysia last year.
Mallya holds a 32.86 per cent stake in United Breweries, after having ceded control to Dutch brewer Heineken in December last year.
The board of directors will review the position of Vijay Mallya, under self-exile in Britain, at its next meeting on August 12.
Talks initiated with Indian investors, private equity players.
Mallya left the country on March 2 and has had his passport revoked.
Submits new settlement offer to SBI
Indian tennis ace Leander Paes has made an emotional plea to all the Commonwealth nations to put behind their security apprehensions and participate in the Delhi Games.
Leander Paes and Rohan Bopanna warmed up for the next week's Australian Open in great style as they won ATP titles with their partners in Auckland and Sydney respectively.
How three international brands plan to compete with UB and SAB Miller.
Eight-time Grand Slam winner Paes has now joined forces with Canadian doubles specialist Daniel Nestor while Klassen's coach Stefan de Kock revealed that the South African would now pair up with American Rajeev Ram.
SBI-led consortium expects to make over Rs 13,000 crore from sale of assets
Vijay Mallya's United Breweries has held a vice-like grip over the Indian beer market with the Kingfisher, Kalyani and Sandpiper brands. With 137 million cases (12 bottles each), it has a 45 per cent market share. But now multinationals are closing in on UB.
Netflix's behind-the-scenes 'Drive to Survive' Formula One documentary has been a huge success that could change the way broadcasters engage with audiences, one of the sport's top sponsors said on Tuesday.
The South African known as the "Big Easy" is chasing his fourth successive victory in Australia's richest golf tournament.
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