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Foreign whisky sales slow for second straight year as post-pandemic boom fadesGrowth in imported whisky sales slowed for a second consecutive year in 2025 across Scotch, Irish, Japanese and American categories, reflec...- Why Pernod Ricard is facing heat in one of its most crucial liquor marketsFrench liquor giant Pernod Ricard faces significant hurdles in India, its largest global market by volume. The company is embroiled in a ma...
- UK's FTSE 100 slips as losses in energy stocks and AstraZeneca weighLondon’s FTSE 100 edged lower as losses in energy majors and AstraZeneca weighed on the index amid thin holiday trading. Weak crude prices ...
- India's premium liquor boom defies global slowdownIndia's demand for premium liquor is surging. This trend defies global patterns where consumers are buying less expensive options. Despite ...
- Drinks giant Diageo slides 14% after warning about sales in Caribbean and Latin AmericaThat was a surprise for investors as the company, which counts Johnnie Walker whisky, Captain Morgan rum and Guinness among its stable of b...
- 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.
- SAT asks Sebi to pass fresh order in Diageo-USL payment matterDiageo became a controlling shareholder of USL in May 2013 with 25.02 per cent stake after completion of a Rs 3,134.56 crore open offer.
- 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 ...
- Could lose title to 1 crore shares of USL worth Rs 3K crore: Diageo"Diageo believes it would remain in control of USL and be able to consolidate USL as a subsidiary regardless of the outcome of this litigat...
- Diageo buys fresh 26% in United Spirits for Rs 11,449 crore, gains controlUK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd (USL), more than double of Rs 1,440 it offered in the previous bid last yea...
- Diageo open offer to buy 25% stake in United Spirits attractive: AnalystsDiageo's open offer to buy another 25% in USL at Rs 3,030 per share has left a large number of investors holding the shares of the alcohol ...
- Diageo makes $1.9 bn second open offer, USL surges 15%: Should investors tender sharesThe offer is at Rs 3,030 a share, which would be a 18.4 per cent premium to its last closing price. On Friday, the stock closed at Rs 2,557.
- Diageo open offer may fail to cut ice with United Spirits investorsShareholders of USL may not tender their shares in open offer being made by Diageo as current market price is 25% higher than United Spirit...
- United Spirits-Diageo deal: Buy as deal gets close, say analystsAnalysts are of the view that United Spirits as a stock has held firm despite some negative news and is poised for further upside.
- United Spirits in red as Diageo open offer beginsAccording to analysts, the open offer is likely to fail as the current market price of United Spirits is at a premium of 23 per cent to the...
- Diageo may put preferential issue of United Spirits on hold due to surge in stock pricesAs per the announcement by USL and Diageo, promoters of USL will sell 12.8 pc of their holding along with 6.5 pc of treasury shares.
- United Spirits rally puts question mark on Diageo open offerAleading Kolkata-based stock broker, whose name surfaced during the Harshad Mehta scam, is believed to have made a killing on the counter.
- Diageo to buy 53.4% stake in Vijay Mallya's United Spirits for Rs 11,166.5 croreFollowing completion of agreements, Mallya will continue in his current role as Chairman of USL, & UBHL and he will work with Diageo to bui...
- Diageo wants more than 15% in USLDiageo, the world’s largest spirit company, is seeking a greater stake in Vijay Mallya-controlled United Spirits (USL) than the initial sub...
- Diageo introduces domestic wine, reduces pricesWith a view to strengthen its share in the Indian liquor market, world's largest spirits maker Diageo would launch its first domestically-p...
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