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Diageo

Apr 16, 2014 at 11:54 | Source: Moneycontrol.com
Is it best to exit USL post Diageo open offer: Brokerages say why not!
Apr 16, 2014 at 11:39 | Source: CNBC-TV18
K Laxmi Narasimhan of Tilaknagar Industries, which mainly focuses on brandy and rum, said the Indian liquor industry for long has been under-rated, adding the countrys branded liquor business stands around Rs 1.2 lakh crore.
Apr 16, 2014 at 11:31 | Source: Moneycontrol.com
Yogesh Radke of Edelweiss Securities advices investors to buy United Spirits to gain in from an arbitrage opportunity but recommends staying away from AstraZeneca.
Apr 15, 2014 at 15:21 | Source: CNBC-TV18
Ramesh Damani, member, BSE believes the Diageo open offer makes sense as United Spirits is a highly under-owned stock.
Apr 15, 2014 at 13:34 | Source: CNBC-TV18
The open offer has been priced at Rs 3030 per share, which is a 22.5% premium to the price at which Diageo last acquired USL shares on 31st January 2014, and a 20% premium to the 60 day VWAP for USL.
Apr 15, 2014 at 10:25 | Source: Moneycontrol.com
The price that Diageo is now willing to offer for the stake represents a premium of 22.5 percent to the price at which it last acquired USL shares in January 2014, and 20.0 percent to the 60-day volume-weighted average price for the stock (the SEBI regulatory floor price).
Apr 15, 2014 at 10:18 | Source: Moneycontrol.com
The tender offer will be at a price of Rs 3,030 per share and the total consideration for the increased stake will be Rs 11448.91 crore. Diageo has launched the tender offer through Relay BV a wholly-owned indirect subsidiary of Diageo, it said in a statement.
Apr 15, 2014 at 09:24 | Source: Reuters
Diageo currently holds 28.8 percent in United Spirits and if the open offer is successful its stake in the Indian company will rise to 54.8 percent, said a statement issued by the tender offer managers.
Apr 09, 2014 at 10:04 | Source: Moneycontrol.com
Front running is defined as buying or selling of securities by a person with knowledge of an impending large order, so as to benefit from any price move subsequently. It is similar to insider trading, because in both instances, there is use (or misuse) of confidential information.
Feb 28, 2014 at 08:29 | Source: Reuters
Software company Tech Mahindra and liquor maker United Spirits , which is partially owned by Diageo PLC, would be included in Nifty from March 28, the National Stock Exchange (NSE) said.
Messages on Diageo »

hroshan75

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Kingfisher Air  

hi deshat , u r view on latest development of Diageo , and ubhl case on 28th april ....r we going to win the case this timein sc..........what ur understanding says on this....r we marching towards revival

6.52 PM Apr 16th

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United Spirits  

Source:Economic Times - In a chat with ET Now, Deven Choksey, MD, KR Choksey Securities, shares his views on United Spirits. ET Now: Do you think United Spirits as a stock has a long way to go? Even though Diageo has given a very charitable open offer price of 3000 plus, do you think the stock has

4.26 PM Apr 16th

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Source:Economic Times - MUMBAI: A city-based Maharashtrian family that is barely known outside the small circle of Dalal Street veterans, has suddenly burst into the limelight in Diageo`s bid to gain total control of United Spirits Limited. According to the latest shareholding pattern for USL

4.14 PM Apr 16th

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News Now  

Source:Economic Times - Diageo`s global Chief Financial Officer Deirdre Mahlan reiterated her confidence in India`s growth and favourable demographics, which can turn a driving force for the spirits business. In an interaction with ET Mahlan also said she was confident of the open offer`s success

4.14 PM Apr 16th

spellbound7
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JM Financial  

They are AAP (Aam Aadmi Players) so no money... :( OR they have had too much of Diageo products and all sleeping!!

3.35 PM Apr 16th

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United Spirits  

Source:Calcutta Telegraph News - Mumbai, April 15: Diageo Plc today launched an open offer worth $1.9 billion (Rs 11,448.92 crore) for the shareholders of United Spirits Ltd (USL) in a bid to acquire a majority stake in the company. The world’s largest spirits company will pay Rs 3,030 per share

3.31 PM Apr 16th

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United Spirits  

Source:Economic Times - MUMBAI: Brokers and wealth managers are advising clients against tendering shares of United Spirits in the open offer by Diageo to raise its stake in India`s largest spirits maker. Analysts said United Spirits shares may move up further over the next couple of years

3.27 PM Apr 16th

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United Spirits  

Source:Economic Times - KOLKATA: Srei Infrastructure Finance said it will explore Diageo`s second open offer to cash out of United Spirits. The non-banking finance company acquired 4.9-million shares of USL following its Rs 430-crore deal with ICICI Bank, in which the bank sold its sticky loans

3.27 PM Apr 16th

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SREI Infra  

Source:Economic Times - KOLKATA: Srei Infrastructure Finance said it will explore Diageo`s second open offer to cash out of United Spirits. The non-banking finance company acquired 4.9-million shares of USL following its Rs 430-crore deal with ICICI Bank, in which the bank sold its sticky loans

3.27 PM Apr 16th

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United Spirits  

Source:Economic Times - MUMBAI: Brokers and wealth managers are advising clients against tendering shares of United Spirits in the open offer by Diageo to raise its stake in India`s largest spirits maker. Analysts said United Spirits shares may move up further over the next couple of years

3.27 PM Apr 16th

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Apr 16, 2014 at 11:36 | Source: Economic Times
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