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Monday 1 September 2014

United Spirits

USL boss faces losing place on board

The boss of Indian producer United Spirits may have to quit the company’s board if he is found to be a “wilful defaulter” over the company’s outstanding debts.

Monday, August 18th, 2014 No Comments »

Diageo and SABMiller merger rumoured

Diageo and SABMiller are enjoying a rise in their stock ratings on the FTSE 100 amid rumours that the companies may merge.

Tuesday, July 1st, 2014 No Comments »

Diageo takes control of United Spirits

Five years after entering initial takeover discussions, Diageo has finally achieved ownership of United Spirits (USL), India’s dominant spirits company.

Monday, June 23rd, 2014 No Comments »

2014: A year of big budget takeovers

The drinks business predicted at the turn of the year that 2014 would see notable takeover activity and deal making in the sector, and so it has proved.

Monday, May 12th, 2014 No Comments »

Emperador buys Whyte & Mackay for £430m

United Spirits has confirmed the sale of its Whyte & Mackay Scotch whisky arm to the Philippines-based drinks manufacturer, Emperador.

Friday, May 9th, 2014 No Comments »

Whyte & Mackay for sale at expected £450m

India’s United Spirits has hired a trio of banks to oversee the sale of its Scotch whisky company Whyte & Mackay, which is expected to fetch up to £450m.

Thursday, February 13th, 2014 No Comments »

Suntory to bid for Whyte & Mackay?

An Indian news channel has claimed Suntory has offered to buy United Spirits’ Whyte & Mackay whisky arm.

Monday, January 20th, 2014 No Comments »

As companies expand, how can they patrol local markets?

High value products and corruption are common partners. That is why the global spirits producers have to be vigilant about what their employees around the world do in their name.

Wednesday, November 20th, 2013 No Comments »

Paul Walsh appointed to USL board

Diageo has announced that former CEO Paul Walsh has been appointed as an additional director of United Spirits Limited.

Monday, August 19th, 2013 No Comments »

Mallya quits Whyte & Mackay board

Indian tycoon Vijay Mallya and several prominent directors have quit the board of Whyte & Mackay in a surprise move.

Monday, August 12th, 2013 No Comments »

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