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United Spirits stock up nearly 12% on Diageo open offer

Last Updated: Tuesday, April 15, 2014, 17:23

Shares of United Spirits Ltd Tuesday zoomed nearly 12 percent after liquor major Diageo Plc made a Rs 11,448.91 crore offer to public shareholders of the company to acquire an additional 26 percent stake.

United Spirits stock surges 15% on Diageo's open offer

Last Updated: Tuesday, April 15, 2014, 13:47

On the NSE, the stock zoomed 14.99 percent to Rs 2,940.80 - its 52-week high.

Diageo makes Rs 11,448.91 crore offer for 26% stake in USL

Last Updated: Tuesday, April 15, 2014, 12:11

The liquor firm has launched the offer through Relay BV, its wholly-owned indirect subsidiary.

Tech Mahindra, United Spirits to join Nifty

Last Updated: Friday, February 28, 2014, 08:35

The two stocks will replace Jaiprakash Associates and Ranbaxy Laboratories, NSE said in a circular onThursday.

Star India ropes in Nokia, Idea as joint sponsors for Asia Cup

Last Updated: Friday, February 21, 2014, 18:40

Broadcaster Star India is looking to cash in on the upcoming Asia Cup cricket tournament to be held in Bangladesh, which will feature prime fixtures such as India-Pakistan clash.

Supreme Court orders 'status quo' in United Spirits-Diageo deal

Last Updated: Monday, February 10, 2014, 13:51

SC directed that the "status quo" be maintained in the sale of United Spirits to British group Diageo Plc until April, when the court will hear the matter again.

Concerned over Diageo-USL deal impact: UK fair trade watchdog

Last Updated: Friday, February 07, 2014, 14:14

As UK's fair trade watchdog OFT continues to probe Diageo's purchase of controlling rights in United Spirits from India's UB group, the regulator has released a 53-page report detailing concerns posed by this deal to competition in the British whisky market.

United Spirits charts plan to sell Whyte & Mackay

Last Updated: Thursday, January 09, 2014, 20:52

Up against a regulatory hurdle in the UK over the USD 2 billion takeover by global liquor giant Diageo, United Spirits' board today approved a plan to sell Whyte & Mackay Ltd (W&M), an indirect wholly-owned subsidiary of the company.

CCI okays United Spirits deal to sell Tamil Nadu distillery

Last Updated: Friday, December 27, 2013, 19:27

Fair trade watchdog CCI has cleared Vijay Mallya-led United Spirits' proposed sale of a distillery in Tamil Nadu to Enrica Enterprises, as the deal does not raise adverse competition concerns.

United Spirits tumbles nearly 4% after Karnataka HC order

Last Updated: Monday, December 23, 2013, 19:39

Shares of United Spirits Monday slipped nearly 4 percent after the Karnataka High Court declared as "null and void" the sale of shares of the Indian firm by its holding company to UK-based Diageo.

United Spirits slumps after court annuls Diageo deal

Last Updated: Monday, December 23, 2013, 11:44

United Breweries Holdings initially fell as much 9.1 percent, but was down 3.6 percent at 9.31 am, compared with a 0.4 percent gain in the broader Nifty.

Intend to challenge Karnataka HC order, say USL, Diageo

Last Updated: Saturday, December 21, 2013, 00:21

"We will take all necessary steps to protect Diageo's interests as well as our own," UB Group Chairman Vijay Mallya said in a statement.