Diageo Plc’s move to acquire up to 26 per cent in India’s leading whisky maker United Spirits Ltd through an open offer has failed on expected lines. Diageo got 0.4 per cent, or a......
UK-based Diageo's acquisition of 53.4 per cent stake in Vijay Mallya-led United Spirits for Rs 11,166.5 crore ($2 billion) could be the biggest inbound M&A deal so far this year.Some of the major......
Awaiting clearance for their $2 billion deal, executives of United Spirits and Diageo on Monday met officials of fair trade regulator Competition Commission of India (CCI) in New Delhi.United......
Vijay Mallya may have once again hit a rough patch. Nearly six months after the liquor baron opened talks with global spirits company Diageo Plc to offload a strategic stake in his flagship United......
The stock of United Spirits, the country’s largest liquor company by market capitalisation (mcap), has gained 11 per cent over the past week on double-digit growth guidance, rising......
The much anticipated three-year schedule on how Diageo will sharpen United Spirits’ operations, along with that of its own brands, is coming through. The newly constituted board of directors......