UB Group to hike stake in MCFL; to buy shares from Zuari
Now, United Breweries (Holdings) Ltd (UBHL) has decided to exercise its option whereby both the company and Zuari Group would have equal stakes in MCFL.
May 31, 2015, 13:11 PM ISTZuari Group acquires additional 36.56% stake in MCFL
UB Group, the original promoter, has 21.97% stake. Together, they will have 75% stake in MCFL.
May 19, 2015, 15:50 PM ISTZuari says offer to buy over 36% stake in MCFL oversubscribed
After the transfer of these shares, Zuari group would have 53.03 percent stake in MCFL. UB group, the original promoter, has 21.97% stake.
May 17, 2015, 16:14 PM IST