UBL

UBL

UBS ON UNITED BREWERIES : 23.06.2021

* UBS maintains its Neutral stance on UBL with Heineken looking to consolidate it stake
* MAINTAIN NEUTRAL TARGET: 1,500
* Heineken Likely To Consolidate Stake
* Heineken's Stake Could Potentially Increase To 62%
• Benign Regulatory Environment To Aid Volumes In H2