UBL may have to take on debt for CCI's Rs 752 crore penalty - Business News: Latest News & Videos about market and economy | Trendmergers

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UBL may have to take on debt for CCI's Rs 752 crore penalty

UBL, in a stock exchange notice, said it is reviewing the order in consultation with its legal advisers. Executives of the three beer companies, which control over 90% of the market, exchanged sensitive information and colluded to fix beer prices since 2005, CCI said in its order.

from Industry-Economic Times
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