United Spirits shares jump on Diageo hope

Oct 09 2012, 14:57 IST
Comments 0
United Spirits gained 6.6% on hopes that Vijay Mallya will clinch a deal to sell a stake to Diageo Plc. United Spirits gained 6.6% on hopes that Vijay Mallya will clinch a deal to sell a stake to Diageo Plc.
SummaryUnited Spirits gained 6.6% on hopes that Vijay Mallya will clinch a deal to sell a stake to Diageo Plc.

United Spirits gained 6.6 per cent on rising hopes the Indian spirits maker controlled by billionaire Vijay Mallya will clinch a deal to sell a stake to Diageo Plc.

A report suggested Mallya and rival liquor tycoon Kishore Rajaram Chhabria have arrived at a truce in their long-standing legal dispute over ownership of whiskey brand Officer's Choice, was seen facilitating a potential deal with Diageo.

Calls made by Reuters to United Spirits officials were unanswered while Chhabria could not be contacted immediately.

Company INFO More on Diageo Plc

Stocks More on United Spirits

Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...