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(Bloomberg) -- One of Hina Nagarajan’s first moves at the helm of liquor giant Diageo Plc’s Indian arm is a standoff with government officials over price caps that have already cost the ...
On 4 July 2013, Diageo bought an additional 14.98% of the company for ₹ 31.35 billion (US$360 million). Diageo acquired an additional 21.77 million shares at a cost of ₹ 1,440 (US$17) per share in an off-market deal from United Spirits' promoters, raising its holdings to 25.02 percent of the company.
United Breweries is India's largest producer of beer. [5] United Breweries now has greater than a 40% share of the Indian brewing market with 79 distilleries and bottling units around the world. In 2005, UB financed a takeover of the spirits business of the rival Shaw-Wallace company, giving it a majority share of India's spirits business. [6]
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Diageo plc (/ d i ˈ æ dʒ i oʊ / dee-AJ-ee-oh) is a British multinational alcoholic beverage company, with its headquarters in London, England. It operates from 132 sites around the world. [ 1 ] It is a major distributor of Scotch whisky and other spirits.
In early trading in London, the company's share price was down by 14% after it told investors that it expects growth in the first half of the current financial year to be slower than the previous ...
Valuation: an underrated share price. A look at Diageo Today, I'm evaluating Diageo , a company engaged in producing, distributing, and selling premium drinks beers, wines, and spirits, which ...
McDowell's No.1 is an Indian brand of spirits manufactured by United Spirits Limited (USL), a subsidiary of Diageo.It is USL's flagship brand [1] and the largest umbrella spirits brand in the world, comprising three categories – whisky, brandy and rum (under the name McDowell's No.1 Celebration). [2]