Tag Archive: India
Diageo-USL Deal Held Up By Regulators
Regulatory hurdles will postpone Diageo’s open offer for an additional 26% stake in India’s United Spirits Ltd. (USL), according to multiple reports. Continue reading →
Posted in News on January 7, 2013With Deal For Control Of USL, Diageo Becomes Force In India
With this morning’s news that Diageo is taking up to a 53% stake in India’s United Spirits Limited for around $2 billion, Diageo is poised to vastly increase its influence in one key emerging market where archrival Pernod Ricard has long held a sizeable advantage. Continue reading →
Posted in News on November 9, 2012Diageo May Be Close To Deal With Mallya’s UB Group
New fuel has been added to rumors that Diageo will take a stake in Indian spirits giant United Spirits Ltd., part of Vijay Mallya’s UB Group empire. Continue reading →
Posted in News on September 21, 2012News Briefs for September 30, 2011
•William Grant & Sons Ltd reported a rise in operating profit to £132.4 million ($207m) for 2010, compared to £103.6 million ($162m) the previous year. Continue reading →
Posted in News on September 30, 2011News Briefs for August 17, 2011
•While the U.S. economy remains shaky, premium and ultra-premium spirits are rising fast in the off-premise, according to Nielsen. Continue reading →
Posted in News on August 17, 2011News Briefs for August 1, 2011
•Scientists have developed a new weapon in the fight against counterfeit Scotch whisky, a persistent problem in key emerging markets like China. Continue reading →
Posted in News on August 1, 2011
