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The UB Group

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It's not every day that one can accuse the world's biggest spirits producer of being a bit stupid, but my peers in India are making hay today, doing just that. But, before wading in against Diageo and the call by its United Spirits unit in India for chairman Vijay Mallya to stand down, ask yourself this one question: What difference does it make?

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Earlier today, Diageo confirmed plans to take full control of UB Group's United National Breweries. The Guinness producer will pay an initial US$22m for the 50% of the sorghum beer producer it does not already own. Here's some facts on United National Breweries:

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Finally, after a near four-month delay United Spirits reported its full-year results today.

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As expected, Diageo has stepped up its bid to take majority control of India’s United Spirits Ltd (USL). The UK-headquartered company has launched a tender offer for a further 26% stake in the UB Group unit, which, if successful would raise its stake to around 55%.

This month, just-drinks returns to its two-part extended format for The Wehring Interview. Earlier this month, I enjoyed an hour in the company of Diageo's Asia Pacific president, Gilbert Ghostine. I say enjoyed; I wasn't at my best to start.

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This month, just-drinks returns to its two-part extended format for The Wehring Interview. Earlier this month, I enjoyed an hour in the company of Diageo's Asia Pacific president, Gilbert Ghostine. I say enjoyed; I wasn't at my best to start.

Sidhartha V Mallya, son of Indian entrepreneur Vijay Mallya, has left his role as non-executive, non-independent director at United Breweries Holdings.

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Diageo has secured the resignation of United Spirits chairman Vijay Mallya from his position at the Indian unit.

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French wine company Bouvet Ladubay has returned to family control following Diageo's decision to withdraw from the category.

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The UB Group is set to offload its remaining holding in Diageo-controlled United Spirits, a source has told just-drinks.

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The UB Group is set to offload its remaining holding in Diageo-controlled United Spirits, a source has told just-drinks.

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Diageo has declined to comment on an Indian government investigation into United Spirit's books as fresh reports emerge over the subsidiary’s chairman, Vijay Mallya, and alleged loans made from the unit.

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Diageo is reviewing its relationship with United Breweries Holdings and Vijay Mallya over India's United Spirits, after the division's board called on the entrepreneur to stand down as its chairman.

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Pathai Murali, the CFO of Diageo-controlled United Spirits, has resigned from the Indian company.

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Here's a look at what was happening on this day in...

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Diageo has agreed a deal to take full control of UB Group's South African sorghum beer business, United National Breweries (UNB).

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Here's a round-up of this week's highlights in the global beer category. We are also running similar round-ups for soft drinks & bottled water and spirits & wine.

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Heineken has declined to comment on reports that it is looking to raise its stake in India's United Breweries.

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