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USL DIAGEO DEAL
Diageo will hold back payment to Vijay Mallya, plans to recover dues from himMallya's dues include $135 million that Diageo had given to Standard Chartered as a guarantee for the liabilities of Watson Ltd affiliated ...- Diageo may bear brunt of Sebi queries on Vijay Mallya dealThe primary responsibility of offering satisfactory replies to regulators in India especially Sebi will fall on Diageo which directly seale...
- Besides Rs 515 crore, Vijay Mallya lands a property deal from Diageo for leaving USLMallya will get a 10 per cent discount on three of these prime USL properties, one each in Goa, Delhi and Mumbai, as was revealed on an ana...
- Vijay Mallya issue: 'Diageo board should be made accountable'Diageo's shareholders were today advised to hold the board accountable for its inability to "break free" from the strangle hold of Vijay Ma...
- Vijay Mallya gets shareholders' nod to continue as USL chairmanMallya has been re-elected as non-executive director and chairman of United Spirits at the annual general meeting of the liquor major.
- Diageo acquires United Spirits shares worth Rs 472 croreDiageo Plc picked up more than 19 lakh shares of the Vijay Mallya-led distiller United Spirits for over Rs 472 crore.
- Verdict on USL-Diageo deal on or before Nov 25: UK’s OFTThe verdict from the OFT is quite important as it will decide the further course of action relating to sale and future of USL’s fully-owned...
- United Spirits to be Diageo's sales agent in IndiaDiageo Plc will use United Spirits as the entity to sell all its brands in India as part of plans to consolidate its business in the countr...
- Diageo won’t rejig USL brass for 12 monthsDiageo is unlikely to disturb the top management of USL for the next 12 months even as it moves in with controlling rights over India's lar...
- Diageo, United Spirits officials to meet this weekOfficials are expected to deliberate on issues related to regulatory compliance, including additional costs, among others, they added.
- United Spirits, Diageo hold discussions with Competition Commission of IndiaAwaiting clearance for their $2 billion deal, executives of United Spirits and Diageo today met officials of fair trade regulator CCI here.
- 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 ...
- Shivanand Shankar Manekar HUF buys over 1 lakh USL sharesShivanand Shankar Manekar HUF today acquired 1.45 lakh shares of United Spirits from Om Kedar Investments in a deal worth nearly Rs 22 cror...
- Diageo-United Spirits deal independent of Kingfisher Airlines issue: Vijay MallyaThe world's largest spirits maker Diageo announced it will acquire 53.4 pc stake in United Spirits for Rs 11,166.5 cr in a multi-structured...
- 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...
- Will United Spirits-Diageo deal be Vijay Mallya’s final waltz?Currently, Mallya through various group companies holds 27.78% stake in USL. Of that 18.03% is held by United Breweries Holdings, which is ...
- Diageo likely to buy 25% stake in United SpiritsDiageo 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 52-week high on hopes of deal with DiageoUnited Spirits stock has rallied over 50 per cent in the last three months on the back of expectations that Diageo could take a stake in th...
- 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 may buy into United SpiritsDiageo is said to have evinced interest in picking up a minority stake in Vijay Mallya’s liquor flagship United Spirits.
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