News: United Spirits Ltd (UNSP.NS)

UNSP.NS on National Stock Exchange of India

2,387.15INR
3:46pm IST
Price Change (% chg)

Rs-13.65 (-0.57%)
Prev Close
Rs2,400.80
Open
Rs2,400.00
Day's High
Rs2,415.05
Day's Low
Rs2,376.05
Volume
322,208
Avg. Vol
1,125,969
52-wk High
Rs2,940.80
52-wk Low
Rs1,992.95

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Thu, Jul 17 2014

BRIEF-CMA says to consult on Diageo's stake buy in United Spirits

July 17 - Competition and Markets Authority (CMA) :

MARKET EYE-India's United Spirits shares fall; Credit Suisse downgrades

* Shares in India's United Spirits Ltd fall 0.6 percent after Credit Suisse downgraded the stock to "neutral" from "outperform", citing a lack of immediate triggers. * Credit Suisse says the spirits maker has already agreed to sell Whyte & Mackay to Emperador Inc, while Diageo Pls has raised its share offer. * United Spirits' stock price has fallen 3.2 percent so far this month as of Wednesday's close, underperforming a 6.2 percent gain in the NSE index. * Shares in the spirits maker had a

UPDATE 2-United Spirits agrees to sell Whyte & Mackay to Emperador

* Regulator, shareholder approvals needed (Adds deal multiple, quotes, background, additional dateline/byline)

India's United Spirits agrees to sell Whyte & Mackay to Emperador

MUMBAI, May 9 - India's United Spirits said on Friday its British unit has agreed the sale of Whyte & Mackay to a unit of the Philippines-based alcoholic beverages maker Emperador Inc for an enterprise value of 430 million pounds ($729 million).

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.

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