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USL allots 1.45 cr shares on preferential basis to Diageo

On November 9, 2012 Diageo had announced buying a 53.4 percent stake in USL for Rs 11,166.5 crore in a multi-structured deal.

Diageo-USL deal hits CCI hurdle; regulator suggests changes

The anti-trust regulator has asked the companies to rework the ambiguous parts and make the deal more definitive in nature.