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 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......
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......
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......
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 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......