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Diageo

Jan 12, 2015 at 12:00 | Source: Moneycontrol.com
United Spirits gained close to 7 percent. Minority shareholders gave their nod to enter into licensing and cost sharing agreement with Diageo Plc.
Jan 12, 2015 at 11:57 | Source: Moneycontrol.com
Shares of United Spirits (USL) hit a record high of Rs 3,142.55 on Monday, up as much as 10 percent intraday after shareholders approved licence for manufacturing and distribution of Diageo brands.
Jan 01, 2015 at 22:01 | Source: CNBC-TV18
Indian business tycoon Vijay Mallya has been floundering in rough weather for more than 3 years, but 2014 saw his fortunes hit a new low. From being declared a willful defaulter, to losing control of his flagship company, Mallya was in the news in 2014 for all the wrong reasons reports CNBC-TV18's Poornima Murali and Archana Shukla.
Dec 18, 2014 at 21:44 | Source: CNBC-TV18
Although minority shareholders have rebuffed this proposal once, USL has called for a second extraordinary general meeting on January 9 to try and win them over.
Dec 04, 2014 at 19:38 | Source: PTI
In a surprise move on December 1, Mallya had resigned as director of the Mangalore Chemicals and Fertilizers Ltd (MCFL), which is the target of a takeover battle betweenDeepak Fertilisers and Zuari Group.
Dec 01, 2014 at 18:00 | Source: CNBC-TV18
United Spirits was under pressure after minority shareholders rejected 9 proposals, which are related party transactions resolutions at its Extraordinary General Meeting. However, sources tell CNBC-TV18 that the company is hopeful of re-approaching shareholders on the matter.
Dec 01, 2014 at 16:16 | Source: CNBC-TV18
Shareholders rejected the permission to grant USL a takeover of Diageo Indias operation through a postal ballot. The company failed to get 75 percent nod as 30 percent institutions voted against the resolution.
Nov 13, 2014 at 18:05 | Source: CNBC-TV18
These RPTs signed in June 2013 few weeks before it entered into agreement with Diageo for stake sale were enforced by the company without seeking shareholder nod till now.
Oct 31, 2014 at 22:13 | Source: Moneycontrol.com
Diageo had to sell Whyte & Mackay when it decided to take over United Spirits. This was after the UK competition watchdog raised anti-trust issues. Whyte & Mackay was sold for 430 million pounds.
Oct 31, 2014 at 22:09 | Source: Moneycontrol.com
The jury may still be out on whether 'acche din' have come through or not, but global spirits major Diageo is surely benefiting from the turn in consumer sentiment.
Messages on Diageo »

Lalit Bhasin

New Member

0 Follower

Kingfisher Air  

I asked you to post if you have something other then Lalit Bhasin trumpet but you don`t have ... you have knowledge if revival?? I have posted so many data /debt and I can post link also to prove that, regarding open offer see Diageo statement where 7820544 pledge share have been sold ...talk

5.13 PM Jul 8th 2014

raj_ranga20
02

Platinum Member

526 Followers

United Spirits  

bro why are u even bothered to ask do u think if some one writes 5000 buyback tommorow it makes sense to ask such folkw common use brains diageo news/sale of whyte & McKay all factored in the only thing is to catch bottom which so far we haven`t be able to catch yet including me, so chill and hold

5.13 PM Jul 8th 2014

hroshan75

Silver Member

4 Followers

Kingfisher Air  

lalit bhasin, u have no info on revival and u r playing the trumpet that revival is intact.....do u know tht director in kfa was not yet appointed , do u have any info how much debt reduced from Diageo deal open offer . NO ........just blindly talking about revival without any knowledge

5.09 PM Jul 8th 2014

smartraider

Platinum Member

87 Followers

United Spirits  

What is the average price of purchase by diageo? After the 2 open offers?

4.12 PM Jul 8th 2014

gem23

Gold Member

12 Followers

United Spirits  

Nahin yaar, ek rupaye mein mil jayega, wait karte raho! Diageo bought 25% stake at 3000 - you think they wanted to commit suicide? The forum expects some limit to someone`s irresponsibility!

2.16 PM Jul 8th 2014

Kingfisher Air  

Does anyone have any idea as to how much of the USL shares were sold by banks in the open offer to Diageo???

11.22 AM Jul 8th 2014

hroshan75

Silver Member

4 Followers

Kingfisher Air  

deshat bhai, how much debt got reduced after Diageo deal.....please share u r opinion on this

4.00 PM Jul 7th 2014

hroshan75

Silver Member

4 Followers

Kingfisher Air  

kallaycp, do u have any info that whats the accurate debt now after Diageo deal........or deshat only knows

3.50 PM Jul 7th 2014

hroshan75

Silver Member

4 Followers

Kingfisher Air  

hi deshat , Diageo deal is over ,any info hw much debt got reduced & whats u r view on revival after budget

11.30 AM Jul 7th 2014

vsm48

Gold Member

9 Followers

United Spirits  

No fresh buy back. Diageo already owns more than 56 % shares. Hence no need for any fresh purchase. Don`t post baseless news.

11.13 AM Jul 7th 2014

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