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Diageo deal positive for USL, stock may be rerated: Angel

Diageo, and Vijay Mallya-owned United Breweries Holdings and United Spirits on Friday announced agreements under which Diageo would acquire a majority stake in United Spirits. V Srinivasan, FMCG analyst, Angel Broking says it has come in line with the expectations.

first published: Nov 9, 2012 05:15 pm

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