Succeeding in its second attempt to gain controlling stake in United Spirits, world's largest liquor maker Diageo Plc has acquired an additional 26 per cent shares in India's largest alcoholic......
Global liquor giant Diageo Plc has received market regulator Sebi's clearance for an open offer to acquire additional 26 per cent stake in United Spirits Ltd for Rs 11,448.91 crore ( Rs 114.48......
Diageo Plc will launch its over Rs 5,441 crore (Rs 54.41 billion) open offer in January next year to acquire 26 per cent stake in Vijay Mallya-led United Spirits.United Spirits had earlier signed a......
The Vijay Mallya-controlled United Breweries' $300 million acquisition of Shaw Wallace & Co from the Chhabria family is the second most valuable liquor deal in the world in recent years, sources......
Shaw Wallace & Company Ltd, the liquor and beer manufacturer, will go in for 'settlement' of income tax claims on it, amounting to Rs 300 crore (Rs 3 billion), as per provisions of the Income Tax......