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Discussions with United Spirits continue: Diageo

Discussions with United Spirits continue: Diageo
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First Published: Wed, May 20 2009. 10 48 AM IST
Updated: Wed, May 20 2009. 10 48 AM IST
New Delhi: Diageo Plc. said it’s still in talks with United Spirits Ltd for the possible purchase of a stake.
While these discussions continue, there is no certainty they will result in a transaction, James Crampton, spokesman of London-based Diageo, said in an emailed statement on Tuesday.
‘The Economic Times’ reported on Tuesday Kohlberg Kravis Roberts and Co. (KKR) and Diageo may buy a stake in United Spirits.
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First Published: Wed, May 20 2009. 10 48 AM IST