Tag Archives: United National Breweries

Diageo takes full ownership of South Africa’s United National Breweries

Diageo Plc has taken full control of South Africa’s United National Breweries after acquiring the remaining 50% stake in the company.

London-based Diageo said it paid £14.8m ($22m) to acquire the remaining 50% stake in UNB. It also agreed to pay an additional $14m if UNB met certain future earning goals.