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United Spirits

Progressive Grocer

Diageo Acquires 26% Additional Stake in United Spirits for Rs 11,449 crore

Progressive Grocer Bureau -
Succeeding in its second attempt to gain controlling stake in United Spirits, liquor maker Diageo has acquired an additional 26 percent shares in India's largest alcoholic beverages company for Rs 11,448.91 crore, according to PTI. UK-based Diageo paid Rs 3,030...
Retail

United Spirits plans wine bar, lifestyle outlet

Indiaretailing Bureau -
United Spirits (USL), the spirits arms of the UB Group, is getting aggressive with its retail play in India. The company plans to open a wine bar in its UB City luxury mall in Bangalore and later a large-format...
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