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Diageo gains control of United Spirits, raises stake to 55%
Wed, Jul 02 2014. 10 36 PM

Diageo gains control of United Spirits, raises stake to 55%

Diageo completed buying 26% of United Spirits shares from public shareholders for £1.11 billion
USL postpones results report in blow to Diageo
Tue, Jun 17 2014. 11 08 PM

USL postpones results report in blow to Diageo

The move raises doubts about Diageo’s ability to quickly turn around USL, say analysts, as it delays Q4 reporting twice
Diageo gets Sebi nod for new USL open offer
Tue, May 27 2014. 01 22 AM

Diageo gets Sebi nod for new USL open offer

Diageo to pay Rs.3,030 per USL share, more than double the price of Rs.1,440 per share it offered in the last bid
Emperador to buy Whyte & Mackay from USL for £430 mn
Sat, May 10 2014. 12 11 AM

Emperador to buy Whyte & Mackay from USL for £430 mn

The sale needs the approval of the UK’s competition authority as well as Indian regulators
United Spirits in talks to sell Whyte and Mackay to Malaysia’s Emperador
Tue, May 06 2014. 12 10 AM

United Spirits in talks to sell Whyte and Mackay to Malaysia’s Emperador

The transaction may value Whyte & Mackay at about £400 million
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’

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