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.
United Spirits posts loss of Rs 5,380 crore on sale of its Whyte & Mackay whisky businessThe earnings miss was more on the margins front, the staff cost has been a big negative which increased by 83% year-on-year,” global broker...
White & Mackay sale: Experts say USL writing off more than lossesUSL will have a lot to answer to its shareholders before it seeks their nod to sell its UK subsidiary White & Mackay with significant cash ...
M&A deals value at $ 16.3 billion in January-May this yearThe month of May saw deals worth $ 4.4 billion via 52 transactions, against 44 deals worth $ 1.7 billion in the corresponding period last y...
United Spirits shares fall; Credit Suisse downgradesShares in United Spirits Ltd fell 0.6 per cent after Credit Suisse downgraded the stock to "neutral" from "outperform", citing a lack of im...
United Spirits stock down almost 3 per cent on boursesShares of United Spirits closed 3 % down today after the company said it will sell its UK-arm Whyte & Mackay for 430 million pounds to Empe...
Philippine distiller Emperador buys Scottish whisky-makerEmperador is already one of the world's biggest brandy producers, but most of its output is sold in its home market, Phillipine.
Ten stocks in focus in Monday morning tradeIndian markets are expected to trade in a range. Here is a list of ten stocks which are likely to be in focus today.
Philippines' Emperador to buy Whyte & Mackay for $726 millionUnited Spirits Ltd agreed to sell its Whyte & Mackay spirits business to Philippines-based brandy maker Emperador Inc for $726 million.
Philippines' Emperador all set to buy Whyte & Mackay spirits businessThe acquisition will allow Alliance Global’s distillery arm Emperador Inc to gain a global portfolio of scotch whiskey, malt and grain dist...