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Heineken News

Consortium of banks

21 Jun 2016

Vijay Mallya case: Banks to file objections to Heineken's impleadment plea today

The Consortium of Banks led by SBI has said that it would be filing objections to Dutch beer major Heineken's application before the Debt Recovery Tribunal seeking to be impleaded in the Vijay Mallya case.

18 Jun 2016

Vijay Mallya case: HC stays for 3 months DRT order issuing demand notice to UBHL

The Karnataka High Court has stayed for three months the Debt Recovery Tribunal's order issuing a demand notice to Vijay Mallya-owned United Breweries Holdings Limited (UBHL) and Kingfisher Airlines to pay Rs 192 crore on an application by three banks.

18 Jun 2016

Mallya case: Dutch beer major files application before DRT

Dutch beer major Heineken has filed an application before the Debt Recovery Tribunal seeking to be impleaded in the Vijay Mallya case.

29 Mar 2016

Stake hike doesn't change UBL governance structure: Heineken

Last week, Heineken International consolidated its stake in UBL by picking up over 21 lakh shares of Vijay Mallya-led firm for Rs 179 crore through open market transactions.

17 Mar 2016

After Diageo, Heineken may ask Vijay Mallya to step down from UB board

Vijay Mallya has already been forced to give up control over United Spirits, part of his UB Group, to Diageo, which now owns about 55 percent of the company.

17 Mar 2016

After Diageo, Heineken likely to ask Vijay Mallya to step down from UB board

Heineken is likely to ask Vijay Mallya, who owes creditor banks more than $1 billion, to step down from the board of United Breweries, India`s largest brewer, three people with direct knowledge of the plan told Reuters

13 Jul 2015

Heineken opens $60 million brewery in Myanmar

Dutch beer giant Heineken announced on Monday it has opened a multi-million-dollar brewery in Myanmar, seeking to cash in on one of Asia's high-growth markets.

15 Sep 2014

Heineken rebuffs bid by SABMiller

The majority shareholding Heineken family informed the British-based rival SABMiller of its intention to preserve the heritage and identity of Heineken as an independent company.

01 Sep 2014

Heineken says selling Mexican packaging business for $1.2 bn

Dutch brewing giant Heineken on Monday announced selling Mexican-based packaging business Empaque to US-based Crown Holdings in a deal worth more than one billion dollars.

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