The acquisition of South African Breweries’ traditional beer business by Diageo is part of a complex web of transactions signed by the British firm with Mallya. The Securities and Exchange......
Diageo, the world's largest spirits maker on Thursday took full control of South African beer maker United National Breweries by acquiring the additional 50 per cent stake in the company from Vijay......
Diageo announced it had entered into an agreement to acquire a 50 per cent interest in Vijay Mallya’s United National Breweries (UNB), which runs the UB Group’s traditional sorghum beer......
After protracted discussions on whether he will finally sell majority control of United Spirits to Diageo, Vijay Mallya, finally bit the bullet on Friday and decided on a transaction in which......