Like Japan, will China risk losing its own decade? CEO of alcohol giant warnsChina may soon follow Japan's footsteps and fall into major economic trouble just like the way the latter did in the 90's, if one of the to...
16 Oct, 2024, 01.56 AM IST
Japan's Kirin in talks to triple investment in Indian craft beer maker Bira, say sourcesKirin, which first invested $30 million in Bira for an under 10% stake last year, is set to pump in the additional funds at an equity valua...
20 Sep, 2022, 03.32 PM IST
Drinks makers target high-end spirits for post-pandemic growthPernod Ricard, which makes Martell cognac, over the past two years has invested in a number of "super‐premium" and "ultra‐premium brands," ...
05 Aug, 2021, 06.59 PM IST
US giant Sazerac buys strategic stake in India's John DistilleriesThis marks a rare M&A deal — the only transaction other than Diageo’s takeover of United Spirits in over a decade — in the heavily regulate...
19 Oct, 2017, 03.39 PM IST
WEF Davos 2015: Forget emerging markets, hot topic is USAWhile Brazil stagnates, Russia enters a recession and India struggles to implement economic reforms, the US is booming as energy prices plu...
16 Jan, 2015, 03.36 AM IST
United Spirits tie-up helps Johnnie Walker run in IndiaJW's biggest growth numbers poured out from the niche super premium scotch category that ended last year with sales of 28,000 cases.
13 May, 2014, 12.07 PM IST
Suntory bursts into India with $16bn Beam buySuntory will now rival Diageo and Pernod Ricard in India's top-end lifestyle drinks market, also the most profitable.
14 Jan, 2014, 11.49 AM IST
Japan’s whisky maker Suntory may join race for Whyte & MackayWhisky maker and another suitor Vasari separately begin preliminary talks with co, which is up for sale due to anti-trust concerns in the U...
24 Dec, 2013, 04.44 AM IST
Radico Khaitan to hive off IMFL business ahead of stake saleJapanese liquor maker Suntory has begun preliminary talks to acquire a strategic stake in the company, which makes 8PM Whisky.
22 Oct, 2013, 05.10 AM IST
What is right multiple to pay for a brand? It depends!Why should a company pay seven times top-line multiple? Why should a seller agree to sell at less than three times top-line multiple?
25 Sep, 2013, 11.33 AM IST
Radico Khaitan in talks with Suntory Holdings to sell 26% stake for Rs 870 croreThe makers of Magic Moments vodka and 8 PM whisky is examining the option of offering 26% in the company to Suntory, investment bankers clo...
03 Sep, 2013, 04.33 AM IST
Whyte & Mackay may be put on block to smoothen Diageo dealAnalysts say that several industry players such as Italy's Gruppo Campari, Bacardi and Japanese firm Suntory would want to gulp up Whyte & ...
17 Nov, 2012, 03.49 PM IST
- Deal Street may have to wait to regain lost glory
Takeover advisers who cheered a surprise fourth-quarter surge in mergers and acquisitions (M&As) may still have years to wait for a return ...
31 Dec, 2009, 01.03 AM IST
- .And he is not ready to say bottoms up
The global spirits industry woke up to the reality of engaging Vijay Mallya as he stormed Scotland with an unsolicited successful bid for G...
17 May, 2007, 02.00 AM IST
- Acquisition will help Mallya fend off competition
The final valuation is expected to leave Whyte & Mackay chairman Vivian Immerman and his brother-in-law Robert Tchenguiz significantly rich...
14 May, 2007, 04.59 AM IST
- Mallya to slake thirst with W&M buyout
Vijay Mallya is set to snap up one of the world’s largest bulk Scotch suppliers, Whyte & Mackay.
14 May, 2007, 12.41 AM IST
- Mallya eyes tie-ups with Scotch lobby
The UB Group chairman is seen jetting into meetings with the top echelons of the global drinks giants to take the Scotch lobby on his side ...
10 Oct, 2006, 01.59 AM IST