Diageo India merger with USL gets shareholder nod Minority shareholders of United Spirits Ltd (USL) have voted in favour of a special company resolution that will see the transfer of business of Diageo India to USL, a strategic move which only 45 days ago was rejected by the same set of shareholders. The special resolution encompasses three key business contracts between USL and its present owner Diageo Plc, which controls 54.78% stake in the Indian spirits company
Posted on: Sun, 11 Jan 2015 06:05:48 +0000
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