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...
To continue reading this article, you must be a Premium subscriber...
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.