Mallya unveils road map to form United Spirits

Desai, Suresh Thakur
October 2005
Chemical Business;Oct2005, Vol. 19 Issue 10, p44
Trade Publication
Reports on a road map for integration and consolidation towards the creation of United Spirits Ltd. as unveiled by liquor baron Vijay Mallya in India in 2005. Approval of the board of McDowell & Co. to the amalgamation of several spirit companies into McDowell; Expected sales of United Spirits in 2006; Interest of foreign investors in United Spirits investment.


Related Articles

  • Mallya tells USL it's business as usual and assures Diageo of smooth operations.  // FRPT- FMCG Snapshot;9/ 7/2014, p1 

    The article reports on the smooth business operations of United Spirits Ltd. as assured by Vijay Mallya.

  • Vijay Mallya re-elected chairman at Diageo's United Spirits. Wilmore, James // Aroq - Just-Drinks.com (Global News);10/4/2014, p3 

    The article announces the appointment of Vijay Mallya as non-executive director and his re-election as chairman during the annual general meeting (AGM) of spirits company United Spirits, now controlled by alcoholic beverages company Diageo.

  • Mallya finds a needed backer in Diageo.  // FRPT- FMCG Snapshot;8/24/2014, p7 

    The article reports that liquor firm Diageo PLC which invested 18,000 crore in Indian businessman Vijay Mallya's United Spirits Ltd. (USL) to take majority control of the firm, has extended its corporate guarantee on loan of Mallya's personal company Watson Ltd.

  • Diageo asks Mallya to quit India board.  // Eastern Eye;5/1/2015, Issue 1300, p19 

    The article talks about the demand made by beverage company United Spirit's new major shareholder Diageo, alcoholic beverages company to Vijay Mallya, previous owner of United Spirit to step down as the chairman and director of the company on charges of fund diversion.

  • Mallya exits USL, to get Rs 515cr.  // Telegraph (Calcutta, India);2/26/2016, p10 

    The article reports on the decision of businessman Vijay Mallya to quit as chairman of Indian alcoholic beverages company United Spirits Ltd., a company founded by his family, after new majority owner Diageo accorded to pay him $75 million.

  • No Link Between Diageo-USL Deal and Kingfisher: Mallya.  // News India Times;11/16/2012, Vol. 43 Issue 46, p14 

    The article offers views from Vijay Mallya, chairman of the company UB Group on not mixing the business deal between Diageo PLC and United Spirtit Ltd with the financial business issues related to Kingfisher Airlines Ltd.

  • United Spirits to sell Whyte & Mackay.  // FRPT- FMCG Snapshot;1/12/2014, p3 

    The article reports that the board of United Spirits has approved the sale of Scottish liquor company Whyte & Mackay. Topics discussed include the controllership of United Spirits by British company Diageo and the anti-trust concerns raised by the Office of Fair Trading. Previous ownership of...

  • Spirited Move. BALASUBRAMANYAM, K. R.; LAYAK, SUMAN // Business Today;12/9/2012, p37 

    The article offers information on the deal between United Spirits Ltd. (USL) and Diageo PLC. It states that UB Group chairman Vijay Mallya sold out 27.4 percent stakes in USL to Diageo PLC at the rate of 5,725 crore rupees. It further informs that Mallaya will not use the deal amount in...

  • Diageo confirms talks with United Spirits. Turner, Catherine // Marketing Week;11/13/2008, Vol. 31 Issue 46, p38 

    The article reports on the talks between Diageo PLC and United Spirits Ltd. over a possible collaboration. As stated, Diageo is interested in taking a 14.99% share in United Spirits, which is controlled by India's industrialist Vijay Mallya and manufactures the Johnnie Walker whisky and Smirnoff...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics