Searched for
DIAGEO ACQUISITION
In 2013, George Clooney started a tequila brand as a side project with friends; 4 years later, Diageo agreed to buy Casamigos for up to $1 billionGeorge Clooney’s Casamigos gamble became a billion-dollar success. In 2013, Clooney and friends Rande Gerber and Mike Meldman began making ...- Varun Beverages to foray into alcohol biz, set up subsidiaryVarun Beverages is entering the alcohol business by incorporating a new subsidiary. The company has appointed Prathmesh Mishra as the chief...
- Spirits giant Suntory bets on Oaksmith, Jim Beam to crack India’s whisky market by 2030Suntory Global Spirits targets India as its third-largest market by revenue by 2030. The company plans to sell locally made whiskies and im...
- RJ Corp picks former Diageo maven Prathmesh Mishra to expand drinks playRJ Corp, led by Ravi Jaipuria, has appointed former Diageo executive Prathmesh Mishra as it explores expanding into the premium alcoholic b...
- Record dealmaking run shows Asia's growing appetite for sports assetsAsian families and fund managers are investing directly in sports assets. This trend fuels record dealmaking in the Asia-Pacific region. We...
- United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...
- Diageo again told to pay more to USL minority investorsIt plans to challenge the regulator's decision before the Securities Appellate Tribunal (SAT), which hears appeals against Sebi’s orders.
- Notice on additional payments:Diageo set to challenge Sebi’s notice on open offerIn 2013, following a 2012 agreement between Diageo and Mallya for buying a majority stake in USL, an open offer was made at Rs 1,440/share ...
- Investors face setback as United Spirits reports loss of Rs 4,489 crore; domestic growth story of IMFL still attractiveDiageo, the owner of brands like Johnny Walker scotch and Talisker malt scotch whisky, had to sell Whyte &Mackay to Emperador.
- Diageo’s alliance with United Spirits pays off as sales recoverDiageo will fully include the results of USL, in which it acquired a majority stake, from July 2 onwards, according to the UK-based company...
- Did Diageo help Vijay Mallya move out Rs 4,000 crore?Karnataka HC order annulling Diageo's acquisition of shares in United Spirits from Mallya's UB Holdings landed British drinks giant in a ti...
- United Spirits slips over 8% after Diageo offers to sell Whyte & Mackay businessUnited Spirits had gained 8.2 per cent in the previous two sessions in anticipation of the news, compared with a 1.9 percent gain in the BS...
- Diageo to sell Whyte & Mackay biz amid UK regulatory concernsDiageo has offered to sell most of Whyte & Mackay's biz to ease competition concerns arising from its acquisition of a controlling interest...
- UK regulator Office of Fair Trading finds Diageo-United Spirits deal anti-competitiveOFT said Diageo's acquisition of United Spirits is against competition and may lead to higher whisky prices in the UK.
- Diageo-USL deal to boost premium liquor brand market: CCISebi, last month, cleared by the deal after numerous clarifications sought by the regulator and the subsequent representations made to it i...
- Competition Commission clears United Spirits-Diageo dealCompetition Commission has approved UK major Diageo Plc's proposed majority stake purchase in Vijay Mallya-led United Spirits.
- Diageo set to take charge at United SpiritsDrinks giant Diageo has readied plans to take charge at United Spirits (USL), where it is buying a more than $2-billion stake in multiple s...
- United Spirits deal a game-changer for DiageoFor Diageo, the world's biggest drinks company, the United Spirits deal is likely to produce just the kind of high it has been looking for.
- Diageo-United Spirits deal biggest inbound M&A so far this yearUK-based Diageo's acquisition of 53.4 per cent stake in Vijay Mallya-led United Spirits for Rs 11,166.5 crore (USD 2 billion) could be the ...
- W&M goes in for premium supply dealWhyte & Mackay is sewing up new bulk scotch supply contracts at 40-50% higher rates, possibly replacing a large existing deal with Diageo v...
Load More
