Diageo set to pick stake in United Spirits

25 July, 2012

DiageoDiageo, the world’s largest spirits company by revenue, is all set to pick a minority stake in UB Group promoted United Spirits, the world’s largest spirits company by volume. Two separate sources privy to the negotiations told VCCircle that the British liquor giant will pay Rs 1,100 a share to buy shares and the deal may be announced as early as within the next one week.


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Diageo set to pick stake in United Spirits

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