Yes bank sells United Breweries shares pledged by Vijay Mallya to Heineken International

Industry:    2015-12-07

MUMBAI: Yes Bank has sold a part of the United Breweries shares pledged with it by Vijay Mallya, with the local beer giant’s majority owner Heineken International buying the 4.15 lakh shares worth about Rs40 crore. In two stock market filings on Saturday, United Breweries said Yes Bank sold the shares amounting to a 0.16% stake to Dutch copromoter Heineken in a block trade executed on Thursday. Shares of United Breweries ended at Rs958.65 on Thursday and Rs974.80 on Friday. The shares .. Read more at: http://economictimes.indiatimes.com/articleshow/49976093.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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