Diageo investment in united spirits

Aug 23, 2019 Walker owner Diageo has increased its shareholding in Indian drinks group United Spirits to 55.2% following a US$27.3 million investment. Aug 20, 2019 0.46% shareholding) in United Spirits Limited (“USL”) at a per share and is underpinned by a focus on everyday efficiency and investment in 

Apr 15, 2014 Diageo said its potential total investment of £1.86bn in United Spirits will be earnings per share accretive in the year to June 30 2016. Johnnie Walker owner Diageo has increased its shareholding in United Spirits to 55.9% as part of the firm’s long-term premiumisation strategy in India. Today Diageo (‘the Company’) acquired a further 3,310,515 shares (approx. 0.46% shareholding) in United Spirits Limited (“USL”) at a per share price of INR 591.95. The shares were purchased on the Bombay Stock Exchange and take Diageo’s controlling shareholding position to 55.2% of USL. Diageo raises stake in United Spirits to 55.9% The maker of Johnnie Walker purchased 50.75 lakh shares at Rs 693.25 per share on NSE.

Mumbai, London: Diageo Plc, the maker of Johnnie Walker scotch and Smirnoff vodka, is considering increasing its majority stake in Indian whiskey producer United Spirits Ltd., people familiar with

Aug 11, 2017 United Spirits Limited (USL) is the largest Indian beverage alcohol company, and the Founded in 1826, it is a subsidiary of Diageo, involved in the manufacture, The continued marketing investments and increase in other  Nov 9, 2012 Diageo Plc has agreed to buy a majority stake in United Spirits Ltd, head of research at SMC Investments and Advisors Ltd in New Delhi. Apr 15, 2014 Diageo said its potential total investment of £1.86bn in United Spirits will be earnings per share accretive in the year to June 30 2016. Johnnie Walker owner Diageo has increased its shareholding in United Spirits to 55.9% as part of the firm’s long-term premiumisation strategy in India. Today Diageo (‘the Company’) acquired a further 3,310,515 shares (approx. 0.46% shareholding) in United Spirits Limited (“USL”) at a per share price of INR 591.95. The shares were purchased on the Bombay Stock Exchange and take Diageo’s controlling shareholding position to 55.2% of USL. Diageo raises stake in United Spirits to 55.9% The maker of Johnnie Walker purchased 50.75 lakh shares at Rs 693.25 per share on NSE.

Diageo raises stake in United Spirits to 55.9% The maker of Johnnie Walker purchased 50.75 lakh shares at Rs 693.25 per share on NSE.

Diageo is a global leader in beverage alcohol with an outstanding collection of brands across spirits, beer and wine categories. These brands include Johnnie Walker, Crown Royal, J&B, Buchanan’s and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness. United Spirits Clocks Sales Volume of 100 Million Cases to Become the World’s 2nd Largest Spirits Company Diageo India extends capacity-building training to The Indian Navy in collaboration with the Institute of Road Traffic Education (IRTE). United Spirits (USL), the Indian subsidiary of British alcohol major Diageo, announced on June 25 (pdf) that it will pick up a 26% stake in liquor-delivery startup HipBar for Rs27 crore ($4 million). This is Diageo’s first investment in a technology startup in India, which, at $35 billion, is one of the world’s largest alcoholic drinks market. Indian Competition Commission clears Diageo bid for a majority stake in United Spirits. LONDON -- Shares in Diageo (LSE:DGE) (NYSE:DEO) continued their upward trend, as news broke that the Indian Competition Commission has approved its 1.28 billion pound purchase of a stake in United Spirits. Diageo also owns United Spirits in India as well as distributes Unicum (Hungarian liqueur), its lighter-bodied variant Zwack. Operations. Diageo is the world's biggest whisky producer with malt distilleries in Blair Athol, Glenkinchie, Dalwhinnie, Royal Lochnagar, Cragganmore, Cardhu, Glen Ord, Clynelish, Talisker, Oban, Caol Ila and Lagavulin. On 27 May 2013, Diageo acquired a 10% stake in United Spirits at a cost of ₹ 20,927,196,000 (US$290 million). It also separately acquired an additional 58,668 shares for ₹ 85,778,082. On 4 July 2013, Diageo bought an additional 14.98% of the company for ₹ 31.35 billion (US$440 million). British spirits giant Diageo has bought shares worth about Rs 352 crore or 0.7 per cent in United Spirits, raising its total stake in India's largest liquor firm to 55.9 per cent. The maker of Johnnie Walker and Smirnoff purchased 50.75 lakh shares at Rs 693.25 per share on the National Stock Exchange. "India remains one of the most exciting growth markets in the world for total beverage alcohol.

Mar 2, 2020 Stock ScreenerSearch, Select & Invest in Top Stocks British spirits giant Diageo has bought shares worth about Rs 352 crore or 0.7 per cent in United Spirits, raising its total stake in India's largest liquor firm to 55.9 per cent.

Aug 23, 2019 Walker owner Diageo has increased its shareholding in Indian drinks group United Spirits to 55.2% following a US$27.3 million investment. Aug 20, 2019 0.46% shareholding) in United Spirits Limited (“USL”) at a per share and is underpinned by a focus on everyday efficiency and investment in  Nov 16, 2012 The company is listed on the London Stock Exchange and the New York Stock Exchange. BlackRock Investment Management (5.89 per cent), 

After 257 years in the spirits and beer business, Diageo has made its first investment in a non-alcoholic drinks company. The world’s largest distiller, which owns Smirnoff vodka and Guinness

Aug 22, 2019 Diageo has said it has acquired a further 3310515 shares (0.46 per cent shareholding) in United Spirits Ltd at a per share price of ₹591.95. Jul 2, 2014 Bangalore: Diageo Plc said on Wednesday that it bought 26% of United Spirits Ltd shares from public shareholders for £1.11 billion ( ₹ 11,420 

United Spirits (USL), the Indian subsidiary of British alcohol major Diageo, announced on June 25 (pdf) that it will pick up a 26% stake in liquor-delivery startup HipBar for Rs27 crore ($4 million). After 257 years in the spirits and beer business, Diageo has made its first investment in a non-alcoholic drinks company. The world’s largest distiller, which owns Smirnoff vodka and Guinness After taking a majority stake in non-alcoholic ‘spirit’ brand Seedlip, Diageo said it sees a “real growth opportunity” for the group and will continue investing in the alcohol-free category.