Heineken: top dog at UB – what now for Mallya? | beyondbrics

Heineken: top dog at UB – what now for Mallya? | beyondbrics:

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Once the self-proclaimed “King of Good Times”, flamboyant Indian bmillionaire tycoon Vijay Mallya has seen his airline grounded and has seen part of his drinks empire, United Spirits, controlled by Diageo. Now he’s no longer the biggest player in his remaining drinks business.

As of Tuesday, the largest shareholder in United Breweries, the maker of Kingfisher beer, is Danish brewer Heineken.

For months now there have been rumors about Mallya being usurped by Heineken – the Dutch brewer that inherited a stake in the group back in 2007 as part of its joint acquisition with Danish brewer, Carlsberg, of Scottish & Newcastle."

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