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Analysis - Will Diageo's 'eye-watering' United Spirits buy raise spirits?

2014-04-15 16:36:33| Daily beverage news and comment - from just-drinks.com

As expected, Diageo has stepped up its bid to take majority control of India's United Spirits Ltd (USL). The UK-headquartered company has launched a tender offer for a further 26% stake in the UB Group unit, which, if successful would raise its stake to around 55%.

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