UK/INDIA: Diageo moves closer to United Spirits takeover with new share approval

By Andy Morton | 14 December 2012

United Spirits shareholders have approved the US$384.58m allotment of new shares to Diageo as the UK company prepares for a majority stake in the Indian spirits firm.

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United Spirits shareholders have approved the US$384.58m allotment of new shares to Diageo as the UK company prepares for a majority stake in the Indian spirits firm.

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