News: United Spirits Ltd (UNSP.NS)

UNSP.NS on National Stock Exchange of India

2,853.40INR
17 Apr 2014
Price Change (% chg)

Rs-18.40 (-0.64%)
Prev Close
Rs2,871.80
Open
Rs2,876.00
Day's High
Rs2,876.00
Day's Low
Rs2,851.25
Volume
881,673
Avg. Vol
635,121
52-wk High
Rs2,940.80
52-wk Low
Rs1,992.95

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Wed, Apr 16 2014

Deals of the day- Mergers and acquisitions

(Adds Twitter, Mosaic, Cargill, Archer Daniels, Campari, Updates Eurobank, Sinopec, Motorola, United Spirits, Aaron's, Riverbed)

Fitch Affirms Diageo at 'A-'; Outlook Stable

(The following statement was released by the rating agency) LONDON, April 15 (Fitch) Fitch Ratings has affirmed Diageo plc's (Diageo) Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'A-' and Short-Term IDR at 'F2'. The Outlook on the Long-term IDR is Stable. Diageo's subsidiaries, Diageo Finance BV, Diageo Finance plc, Diageo Capital plc and Diageo Investment Corporation's senior unsecured ratings have also been affirmed at 'A-'/'F2'. The affirmation reflects Diageo's

Diageo bids $1.9 billion to take majority in United Spirits

MUMBAI/LONDON - Diageo, the world's biggest spirits maker, has launched a $1.9 billion bid to nearly double its stake in United Spirits Ltd, offering a rich price in the hope that India's increasingly wealthy consumers will drink more alcohol.

UPDATE 2-Diageo bids $1.9 bln to take majority in India's United Spirits

* Diageo offers to buy up to 26 pct more of United Spirits

Sensex hit by profit-taking; United Spirits hits record

Reuters Market Eye - The BSE Sensex is headed for a second consecutive session of falls as investors continue to take profits after record highs hit on Thursday.

Diageo in $1.9 billion bid to raise stake in India's United Spirits

MUMBAI - London-based Diageo Plc on Tuesday relaunched a bid to increase its stake in India's United Spirits Ltd , making a $1.9 billion bet on rising incomes in a country where consumption of alcohol remains relatively low.

MARKET EYE-Indian shares hit by profit-taking; United Spirits hits record

* Indian shares are headed for a second consecutive session of falls as investors continue to take profits after record highs hit on Thursday. * Blue chips across a range of sectors led the way down, with Housing Development Finance Corp Ltd falling 3.2 percent, Hindalco Industries Ltd losing 2.5 percent and Tata Motors Ltd down 1.6 percent. * However, Infosys gains 3.4 percent after its January-March earnings beat estimates, although India's second largest software services exporter forecast s

United Spirits shares surge on Diageo open offer

MUMBAI - Shares in United Spirits gained more than 10 percent on Tuesday after Diageo Plc announced a tender offer to acquire up to an additional 26 percent stake in the Indian firm.

Diageo announces tender offer for up to 26 pct of India's United Spirits

MUMBAI, April 15 - Global drinks firm Diageo Plc on Tuesday announced the launch of a tender offer to acquire up to 26 percent more in India's United Spirits Ltd in a deal valued at about $1.9 billion.

Whyte & Mackay sale attracts several suitors - sources

LONDON - United Spirits' Whyte & Mackay whisky unit has attracted interest from several drinks makers and private equity firms and is expected to fetch about 350 million pounds, according to sources familiar with the matter.

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