The UB Group

Beverage industry company news

Subscribe via RSSWhat is RSS?

Latest News

Vijay Mallya re-elected chairman at Diageo's United Spirits

1 Oct 2014

Vijay Mallya has been re-elected as chairman of United Spirits at the AGM of the Diageo-controlled firm.

INDIA: Three United Spirits' directors to step down

11 Sep 2014

Diageo has confirmed that three of United Spirits' independent directors are to leave the company's board.

Comment - Short-term Pain at United Spirits, but Diageo Must Look to Future

4 Sep 2014

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

INDIA: FY losses widen at Diageo's United Spirits

4 Sep 2014

United Spirits has reported full-year net losses of INR44.9bn (US$742.7m), partly due to a significant writedown from the sale of its Whyte & Mackay business.

INDIA: United Breweries Holdings Q1 alcohol sales dip

14 Aug 2014

United Breweries Holdings has reported a drop in first-quarter sales from its alcohol operations, but profits rose in the period.

GLOBAL: Top producers eye progress on alcohol-harm reduction

10 Jul 2014

The world's biggest alcohol companies have pledged to accelerate work to address alcohol misuse after releasing a joint report described as a “foundation” for progress.

INDIA: United Spirits delays reporting full-year results

18 Jun 2014

United Spirits, the Diageo-controlled spirits firm, is delaying the disclosure of its full-year results due to problems with debtors and an outstanding loan.

INDIA: United Breweries Holdings MD departs

13 May 2014

United Breweries Holdings Ltd (UBHL) has confirmed that its managing director has left the group after less than a year in the role.

just For Subscribers - The week in drinks

17 Apr 2014

Here are the ten most viewed, subscriber-only items on just-drinks this week:

Analysis - Will Diageo's 'eye-watering' United Spirits buy raise spirits?

15 Apr 2014

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%.

UK/INDIA: Diageo moves to take United Spirits majority control

15 Apr 2014

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: Lion Capital silent over Whyte & Mackay bid with ex-CEO

14 Apr 2014

Private equity firm Lion Capital has declined to comment on a report it has teamed up with Whyte & Mackay's (W&M) former CEO to table a bid for the Scotch whisky producer.

GLOBAL: International Center for Alcohol Policies, Global Alcohol Producers Group to merge

11 Apr 2014

The International Center for Alcohol Policies and the Global Alcohol Producers Group have agreed to amalgamate their operations.

INDIA: Diageo ups United Spirits holding

5 Feb 2014

Diageo has confirmed making a further share purchase in United Spirits, raising its stake to 28.8%.

INDIA: Diageo "disappointed" at United Spirits court ruling

20 Dec 2013

Diageo has expressed its disappointment after an Indian court ruling has put its purchase of shares in United Spirits in jeopardy.

INDIA: Heineken raises United Breweries holding

11 Dec 2013

Heineken has confirmed that it has raised its stake in India's United Breweries.

UK: Former CEO mulls Whyte & Mackay re-purchase

29 Nov 2013

Vivian Imerman, the man who sold Whyte & Mackay to Vijay Mallya's UB Group in 2007, has publicly expressed an interest in buying back the Scotch whisky producer from Diageo.

INDIA: United Spirits H1 profits up as premium brands prosper

11 Nov 2013

United Spirits has reported a return to net profits growth in its first half, but volumes for the spirits unit of The UB Group remained flat in the period.

INDIA: United Breweries posts H1 profits drop after Q2 reverse

8 Nov 2013

United Breweries has posted a drop in first-half profits as a tough Q2 plunged the Kingfisher brewer into the red for the quarter.

just Five Years Ago: Diageo eyes stake in United Spirits

29 Oct 2013

Five years ago this week talk of Diageo taking a stake in United Spirits first emerged. It set in train a series of events that this year saw the Smirnoff producer secure control of the Indian spirits firm.

just On Call: Heineken happy with JVs, would buy out if offered - CFO

23 Oct 2013

Heineken has reiterated its satisfaction with its JV partnerships around the world, but admitted that it would be prepared to buy out its partners if they wanted to sell.

INDIA: Heineken silent over United Breweries deal rumours

21 Oct 2013

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

UK/INDIA: Kyndal Group to open GBP6.7m Scotch distillery - report

14 Oct 2013

Plans for a new GBP6.7m (US$10.7m) whisky distillery in Fife look set to go ahead after a deal between Indian drinks firm Kyndal and Perthshire distiller John Fergus Co, according to reports.

INDIA: United Spirits appoints "CEO-designate" - reports

25 Sep 2013

United Spirits has lined up a successor to CEO & MD Ashok Capoor, who takes on a new role in the company next year, according to local reports.

Comment - Wehring's Way - The Devil's in the Detail for Today's CEOs

23 Sep 2013

When it comes to being the CEO of a company, knowing where the stapler is kept - and how to order replacement staples - is way more important than the sweeping, quotable gesture.

INDIA: Former Diageo CEO joins United Spirits' board

19 Aug 2013

The former CEO of Diageo has been appointed as a non-executive director on the board of United Spirits.

INDIA: United Breweries sees Q1 profits, sales climb

15 Aug 2013

Volume rises in key markets has helped United Breweries report a solid rise in first-quarter sales and volumes.

UK: Diageo avoids Whyte & Mackay action until OFT probe ends

13 Aug 2013

Diageo has confirmed that Whyte & Mackay's (W&M) “independence” will remain and its management kept separate, at least until the UK's competition authority has completed its review.

Exclusive - UK: Whyte & Mackay CEO departs

8 Aug 2013

Whyte & Mackay's CEO has left the company, just-drinks can exclusively reveal.

UK: OFT has 40 days to probe Diageo's Whyte & Mackay control

23 Jul 2013

The UK's Office of Fair Trading (OFT) has confirmed it is investigating whether Diageo's United Spirits deal, giving it control of Scotch producer Whyte & Mackay, will harm competition in the UK market.

2

4

...

12



Forgot your password?