Moneycontrol PRO

business

UB Group-Diageo close to signing term-sheet for USL sale

The UB Group and Diageo are close to signing a term-sheet for the USL stake sale, reports CNBC-TV18. A crucial meeting is expected to take place today between the two parties to finalise the deal. Sources say the deal may be announced today itself.

first published: Nov 8, 2012 11:14 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347