Diageo is moving ahead with plans to take majority control of United Spirits with the launch of a INR114.5bn (US$1.9bn) tender offer for a further 26% stake in the Indian company.
UK/INDIA: Diageo moves to take United Spirits majority control
Diageo is moving ahead with plans to take majority control of United Spirits with the launch of a INR114.5bn (US$1.9bn) tender offer for a further 26% stake in the Indian company.