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MoneyWorks4Me

ICICI Bank picks 0.74% stake in United Breweries

07 Jan 2016 Evaluate

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.


Peers
Company Name CMP
United Spirits 1415.00
United Breweries 1189.80
Radico Khaitan 4520.00
India Glycols 294.70
Allied Blenders&Dist 707.30
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