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

Nick Strangeway

NOTHING'S NORMAL

Happy customers across the UK enjoyed their first pints and non-homemade cocktails at the start of July as its hospitality sector reopened after months of lockdown. But normal service has hardly resumed.

Events

Facebook

Twitter