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Vijay Mallya Led United Spirits Ltd

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Diageo gets hardly half a per cent in USL in open offer

 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......

Diageo gets 10% stake in United Spirits

 Vijay Mallya led-United Spirits Ltd said on Monday its board has approved allottment of around 1.45 crore (14.5 million) shares on a preferential basis to Relay BV, a subsidiary of Diageo Plc, for......

United Spirits' bet on Whyte & Mackay to pay off

 Vijay Mallya-led United Spirits Ltd’s acquisition of scotch whisky major Whyte and Mackay is starting to pay off. After a series of low growth numbers, W&M, which was acquired for $1.2......

Diageo to launch United Spirits open offer in Jan

 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......

Sebi clears Diageo's open offer for United Spirits

 Moving closer to complete its Rs 11,167 crore (Rs 111.67 billion) takeover of majority stake in United Spirits, global liquor giant Diageo Plc has got market regulator Sebi's clearance for an open......

Foreign holding in United Spirits dips to 3-year low

 Foreign institutional investors have pared their stake to a three-year low in UB Group firm United Spirits, which is currently awaiting regulatory nod for sale of a majority stake to global liquor......

Vettori to lead Royal Challengers in IPL 2011

 New Zealand skipper Daniel Vettori will lead Royal Challengers Bangalore in the fourth season of IPL 4. Vettori led a spirited New Zealand to the World Cup 2011 semi-finals, where the Kiwis lost......

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