Bacardi eyes stake in United Spirits, stock up
At 11:24 am, United Spirits was quoting at Rs 1,668.50, up Rs 82.20, or 5.18%. It has touched an intraday high of Rs 1,696 and an intraday low of Rs 1,595. Bacardi is looking for stake in United Spirits. Mallya may offload 10-12% treasury stock at a price of Rs 2500-3000 per share, reports The Economic Times.