Tag: USL Shares

KFA Asset crisis: Lenders start USL shares sales, Mallya files suit

On ground, Share of cash-strapped Kingfisher Airline’s parent United Spirits has started selling by the 17-lender consortium led by State Bank of India (SBI). Read more

Diageo to debut United Spirits open offer Rs 5,441-cr in Jan

Vijay Mallya 150x150 Diageo to debut United Spirits open offer Rs 5,441 cr in Jan

Vijay Mallya

The world largest wine maker group Diageo Plc is going to debut its open offer to buy 26% stake in Vijay Mallya-owned United Spirits Ltd, as per of earlier signed deal.

The amount of 26% acquiring stakes would be over Rs 5,441 crore and the process is starting from January next year, as per company saying.

As per United Spirits Ltd (USL) announcement, the open offer will commence on January 7, 2013, and will close on January 18, 2013 under which Read more

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