Tag Archive: United Spirits Ltd.
Diageo Revamps Executive Committee As Ghostine Departs
Diageo has announced a number of changes to its executive committee, as well as a new board member. Continue reading →
Posted in News on July 30, 2014Diageo Gains Majority Control Of India’s USL, Ups Lead In Global Spirits Market
After a lengthy struggle, Diageo has succeeded in taking majority control of Indian spirits giant United Spirits Ltd. (USL). Continue reading →
Posted in News on July 2, 2014Whyte & Mackay To Be Acquired By Philippines’ Emperador
Philippines-based drinks group Emperador has agreed to acquire Whyte & Mackay, the Scotch whisky business of Diageo-controlled United Spirits Ltd. (USL) for $726 million, including debt. Continue reading →
Posted in News on May 9, 2014Diageo To Launch New $1.9 Billion Offer To Raise Its Stake In USL To 55%
Diageo says it will offer up to $1.9 billion to shareholders of Indian spirits giant United Spirits Ltd. (USL) to raise its stake in the company from 28.8% to 54.8%. Continue reading →
Posted in News on April 15, 2014News Briefs for March 18, 2014
•Gruppo Campari is extending its Glen Grant single malt Scotch brand with a rare 50-year-old edition, with just 150 bottles released globally. Continue reading →
Posted in News on March 18, 2014News Briefs for February 10, 2014
•India’s Supreme Court has reportedly delayed its examination of the disputed portion of Diageo’s stake in United Spirits Ltd. (USL) until April. Continue reading →
Posted in News on February 10, 2014