Diageo to pay over $640M to UB Group for United Spirits
BY Pooja Sarkar & Sneha Shah
JM Financial will take home around Rs 100 crore as advisory fee, one of the heftiest cuts out of transaction value in recent times.
Diageo, the world’s largest spirits company by revenue, is looking to close the deal to buy almost the entire stake held by the UB Group in United Spirits, the world’s largest spirits company by volume, and the deal...
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