It took Diageo many years to win the hand of United Spirits (USL), the subsidiary of the Vijay Mallya-owned UB Group. But, this week, the back-slapping that hailed the securing of its successful courtship gave way to pre-wedding jitters as an Indian court ordered Mallya to stump up a INR5bn (US$91.9m) personal guarantee. For a moment, the party looked like it had been brought to a juddering halt.
Stay informed for just £1! *
Get access to unbiased and data-driven news with a subscription to Just Drinks.
What’s included in your subscription:
- Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
- Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot
beverages - Unrivalled drinks industry comment from Dean Best, Jessica Broadbent and leading sector specialists
Have a Subscribtion Sign in
Go deeper with GlobalData
Get help with subscribing or signing in
*30-day digital subscription for £1. Available to new subscribers only
