ICICI Bank has bought 19.58 lakh shares in local beer giant United Breweries (UB) at Rs 950.10, representing 0.74% stake in the company valuing the transaction at Rs 186.03 crore at a bulk deal data on the National Stock Exchange (NSE) on January 06, 2016.
United Breweries is maker of Kingfisher beer and Heineken beer in India. Its flagship brand 'Kingfisher' is currently available in 52 countries and leads the way amongst Indian beers in the International market.