As per recent news, Vijay-Mallya’s UB Group is going to sign a deal with the world’s largest spirit group maker Diageo for sale of United Spirits Ltd Stake, hoping to keep on track its debt-laden Kingfisher Airline by raising funds.
Suddenly as the news released, shares of United Breweries hit 52 week high as much 6 per cent to Rs 1,425 in early trade on the BSE on Friday following the Diageo- USL deal worth $3.2 billions. Read more
