BANGALORE: British beer giant Scottish & Newcastle (S&N)’s stake in United Breweries (UB) is back in the spotlight, with the Indian brewer confirming that the right of first refusal (RoFR) on the foreign partner’s shareholding will be pressed only to block the entry of certain competition, primarily SABMiller. S&N and Vijay Mallya equally own UB with 37.5% stake each.
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Wednesday, September 5, 2007
Stake sale: UB may let Carlsberg guzzle S&N
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Anil Rego
at
11:07 AM
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