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United Spirits shareholders have last laugh with Diageo’s new open offer
Wed, Apr 16 2014. 07 53 AM

United Spirits shareholders have last laugh with Diageo’s new open offer

The current open offer seeks to make Diageo’s control over USL absolute, irrespective of external events
Diageo to launch second open offer to acquire 55% in United Spirits
Wed, Apr 16 2014. 01 18 AM

Diageo to launch second open offer to acquire 55% in United Spirits

The liquor firm more than doubles its offer to public shareholders to buy 26% stake in USL
Diageo’s offer is priced right: CFO
Wed, Apr 16 2014. 01 02 AM

Diageo’s offer is priced right: CFO

Diageo Plc’s chief financial officer Deirdre Mahlan talks in an interview about the open offer
Diageo appoints Gilbert Ghostine as president for India, China businesses
Fri, Mar 28 2014. 11 46 PM

Diageo appoints Gilbert Ghostine as president for India, China businesses

Ghostine, previously president of Asia-Pacific at Diageo, will take up his new job starting July
Diageo seeks to tighten governance norms at USL
Thu, Mar 06 2014. 10 12 AM

Diageo seeks to tighten governance norms at USL

The company hires a consulting firm to vet USL’s contracts with other UB Group firms to ensure these agreements are ‘arm’s length transactions’
United Spirits director Renu Sud Karnad resigns
Tue, Mar 04 2014. 12 34 AM

United Spirits director Renu Sud Karnad resigns

Her presence on board of lender HDFC Bank ‘does not allow the bank to conduct business’ with USL, said the company in a filing to the BSE
Tech Mahindra, USL to replace JP Associates, Ranbaxy on Nifty from 28 March
Thu, Feb 27 2014. 06 25 PM

Tech Mahindra, USL to replace JP Associates, Ranbaxy on Nifty from 28 March

The changes in the index are a part of NSE’s periodic review
United Spirits December quarter net profit falls 19.4% to <span class='WebRupee'>Rs.</span>64.92 crore
Fri, Feb 14 2014. 01 32 AM

United Spirits December quarter net profit falls 19.4% to Rs.64.92 crore

Weak demand and 17.4% increase in ingredient costs affect profit; revenue increases 4.8% to Rs.2,308.6 crore
United Spirits drops prices of two key whisky brands
Tue, Feb 11 2014. 11 38 PM

United Spirits drops prices of two key whisky brands

Prices of McDowell’s No.1 and Royal Challenge have been dropped to regain and protect market share from rivals
Diageo buys USL shares worth Rs866 crore; ups stake to 29%
Fri, Jan 31 2014. 06 59 PM

Diageo buys USL shares worth Rs866 crore; ups stake to 29%

The shares were acquired at an average price of Rs2,474.45 apiece, valuing the transaction at Rs866.06 crore

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