Epic Research

Friday, September 13, 2013

Epic Update : United Breweries Holdings



Epic Update United BreweriesNobody 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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