Latest News on Whyte Mackay
Showing of 0 - 10 from 6 results
Whyte Mackay - Total results - 6
Jul 05, 2014
United Spirits gets shareholders nod to sell Whyte & Mackay for 430 mnThe special resolution in connection with the sale of Whyte & Mackay has been approved by the United Spirits shareholders with requisite majority, United Spirits Ltd (USL) said in a filing to the BSE.
Jan 09, 2014
United Spirits board approves plan to sell Whyte & MackayIn November last year, UK's fair trade watchdog found Diageo's deal to take over United Spirits to be anti-competitive, forcing the company to offer selling bulk of Whyte & Mackay business.
Jan 01, 2014
More trouble for Mallya: Will a probe unravel mysterious money transfer?According to a report in the Business Standard today, the order that was passed on 20 December has also sought an investigation into a murky transfer of Rs 4000 crore to tax haven British Virgin Islands before the stake deal happened.
Nov 27, 2013
Buyers queue up for Whyte & Mackay assets; deal a win for United SpiritsUnited Spirits has invited prospective bids for Whyte & Mackay (W&M) after Diageo offered to sell most of its whisky assets to address the competition concerns arising from its July acquisition of a controlling interest in India's United Spirits.
Nov 26, 2013
United Spirits falls over 8% after Diageo offers to sell W&M's whiskey assetsAnalysts say the sale of W&M, while reducing the company's debt, may already be reflected in United Spirits' shares, which have risen more than five-fold since the start of 2012.
Dec 07, 2012
United Spirits-Diageo may have to sell Whyte & Mackay stakeThe company is likely to get 12-18 months to divest stake in Whyte & Mackay, which will help Diageo deal with the scrutiny of anti-trust regulators in the UK and Europe easily.