diageo-united-spirits-deal - Latest News on diageo-united-spirits-deal | Read Breaking News on Zee News

SBI says UB-Diageo deal a positive development

Last Updated: Friday, November 09, 2012, 21:04

State Bank of India, which leads the consortium of lenders for Kingfisher Airlines, Friday described the Vijay Mallya promoted UB Group's decision to sell majority stake to Diageo for over Rs 11,166 crore as a positive development.

Diageo-United Spirits deal biggest inbound M&A so far this yr

Last Updated: Friday, November 09, 2012, 21:01

UK-based Diageo's acquisition of 53.4 percent stake in Vijay Mallya-led United Spirits for Rs 11,166.5 crore (USD 2 billion) could be the biggest inbound M&A deal so far this year.