Epic Update : United Breweries Holdings

Nobody likes unending litigation -Sale to Diageo is completely protected -UBHL has deposited Rs 250 crore with Karnataka HC -Deposited money towards clearing dues of creditors -Firmly in control of Mangalore Chemicals -UBHL holds Rs 379 crore as cash surplus -Confident that UBHL will settle winding up petitions -Out of court settlements also a possibility.



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Posted in: Indian Market Tips