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UB DIAGEO DEAL
Diageo sells office space in UB TowerThe deal, pegged at Rs 28,000 per sq ft, is the highest ever fetched in the city’s office market.
Diageo to sell office space in UB Tower to DivyaSree GroupThe deal to sell 30,000 sq ft, pegged at Rs 28,000 per sq ft, will be the highest ever fetched in the city’s office market.
Sebi widens L'affaire Mallya probe, finds prima-facie lapsesLast year, Diageo had asked Mallya to step down from USL alleging fund diversion to Kingfisher and other UB group entities, a demand he had...
SC orders status quo on Diageo Plc-United Spirits dealSC has ordered status quo on the Diageo Plc-United Spirits Ltd deal without disturbing the hearing before the company court on the winding ...
Supreme Court imposes order on Diageo-United Spirits Limited dealThe Supreme Court has imposed a status quo order on the share transaction by which UK spirits company Diageo acquired 6.96% stake in United...
United Spirits, United Breweries gain on Supreme Court breatherShares of United Spirits and United Breweries gained momentum in trade after the Supreme Court ordered a status quo on Diageo-United Spirit...
United Spirits plunges 6% as Karnataka HC nixes its share sale to DiageoThe HC order has come in response to a winding-up petition filed by creditors against UBHL for dues of about Rs 600 cr, which is pertaining...
Karnataka High Court nixes USL share sale to DiageoThe order, if allowed to stand, is likely to pose an immediate danger to Diageo's control over USL, India's largest liquor company.
Karnataka HC allows UBHL to sell around 13 million shares of USLThe court directed UBHL to deposit the surplus amount of Rs 250 cr in the HK to show its (UBHL's) bonafides that that it is willing to pay ...
UB files petition to stop SBI from selling USL sharesUB Holdings has filed a petition in the BHC seeking an order to restrain the SBI from selling shares of group company USL.
Kingfisher Airlines' lenders complicate Diageo deal; may sell pledged United Spirits' sharesTop lenders from PSU banks told ET that they have lost faith in Vijay Mallya, and don’t believe he is going to revive the airline.
Srei to liquidate Rs 430 crore Kingfisher debt post Diageo dealSrei Venture Capital last year acquired loans worth Rs 430 crore given by ICICI Bank to the UB group's battered airline venture.
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...
United Spirits hits highest level since Oct 10 as SEBI clears Diageo's open offerGlobal liquor giant Diageo is now a step closer to complete its Rs 11,167-crore takeover of majority stake in United Spirits.
USL to be profit-positive in 6 years, says Agnes Bota of DiageoBota further confirmed that group firm United Breweries is a non-core investment and the new investor (Diageo) would want to focus only on ...
Vijay Mallya-led UB Group & Diageo may have sealed a deal for United Spirits takeoverAs per the terms of the deal, Diageo will buy more than 25% of United Spirits in three stages and pay around $2 billion for buying a 51% st...
- Diageo likely to buy 25% stake in United Spirits
Diageo is close to acquiring 25% stake in Vijay Mallya-controlled United Spirits. A formal announcement of the deal is likely in two days.
- United Spirits hits fresh 52-week high ahead of AGM, up 10%
United Spirits surged over 10 per cent in early trade to hit its 52-week high of Rs 1090.80 ahead of its annual general meeting on Tuesday.
- Diageo wants more than 15% in USL
Diageo, the world’s largest spirit company, is seeking a greater stake in Vijay Mallya-controlled United Spirits (USL) than the initial sub...
- Mallya's son Siddharth joins Diageo
Liquor czar Vijay Mallya’s son Siddharth Mallya has joined drinks giant Diageo in what many see is a precursor to his eventual entry into h...