Heineken NV, the world’s second largest beer maker, has taken control of India’s largest brewer United Breweries Limited (UBL), cementing its position in a vast market where beer consumption could grow from a low base. The Dutch brewer said on Wednesday it had it had bought 39.6 million shares in UBL to push its holding to 61.5% from 46.5% before. Based on Tuesday’s close at 1,466 Indian rupees, the acquisition would be worth 58.1 billion Indian rupees ($781.3 million).
