Diageo enacts second stage of USL takeover

15 April, 2014

Diageo has launched its planned offer to acquire a further 37,785,214 shares in United Spirits, which represents 26% of total shares, taking Diageo’s total share to 54.78%.

The tender offer will be at a price of INR 3,030 per share, and totals INR 114,489,198,420.

Diageo has launched the tender offer through Relay BV, a wholly-owned indirect subsidiary of Diageo.





Comment

Joe Bates

Turning travellers into shoppers

In Cannes last month as I dashed around from stand to stand and from interview to interview amid a whirl of product launches and cocktail parties, I heard one question asked over and over again.

Click for more »

Events

Facebook

Twitter