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UNITED SPIRITS ACQUISITION
CCI clears RCB's $1.78-billion buyout by Aditya Birla Group, ToI consortiumThe Competition Commission of India has greenlit a massive $1.78 billion deal, allowing a consortium led by Aditya Birla Group and The Time...- United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...
- Forever Global Enterprises acquires Dhampur Bio Organics' Meerganj facility for INR 305 crores, marking entry into Uttar Pradesh's sugar sectorForever Global Enterprises Limited has acquired Dhampur Bio Organics' Meerganj unit for INR 305 crores. This strategic move integrates a 9,...
- Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 croreCupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. T...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Summer travelers who relied on Spirit Airlines may struggle to find budget alternativesSpirit Airlines has ceased operations, leaving many Americans struggling to find affordable flights. Rising jet fuel costs, inflation, and ...
- 'Nao' is the time: Why Diageo India is backing this Indian craft gin producerAnand Virmani, Co-Founder & Master Distiller, Goa-based Nao Spirits & Beverages, explains how they marketed India’s first craft gin, Greate...
- Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
- Why are JetBlue and Frontier share prices up today? JetBlue and Frontier shares rise after Spirit shutdown creates growth opportunityWhy are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
- Sun Pharma deal structurally strong, debt the only overhang: Amit KhuranaMarket expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma's acquisition is seen as strategically ...
- United Spirits shares in focus after Adar Poonawalla signals bid for RCB acquisitionUnited Spirits shares are set to be in focus after Serum Institute CEO Adar Poonawalla said he plans to make a strong and competitive bid f...
- Lens on Foreign Investment Promotion Board approvals given to Diageo under ChidambaramED and CBI probe if former FM Chidambaram and his son Karti received any kickbacks in lieu of these approvals.
- Deal interrupted! Diageo-United Spirits acquisition and other partnerships that went southDiageo has refused to pay the outstanding sum of $35 mn to Vijay Mallya for acquiring United Spirits.
- United Spirits set to get re-rated with Diageo acquisition: IDFCIDFC is bullish on the outlook of United Spirits as Diageo nears completion of transaction process for acquiring over 27 per cent stake.
- 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...
- Diageo-United Spirits deal clearance 'work in progress': CCICCI is believed to have expressed reservations over the proposed Rs 11,166 cr purchase of a majority stake in UB group's United Spirits Ltd...
- UB Group now focusses on manufacturing to derisk business: Ravi NedungadiRavi Nedungadi, President and Group CFO,UB Group in an interview with ET Now, talks about the group's prospect and its strategic planning.
- United Spirits jumps 8% on Whyte and Mackay buyoutVijay Mallya-led United Spirits today surged over eight per cent on the bourses on the acquisition of Scottish whiskey maker Whyte and Mack...
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