date:Sep 28, 2012
s Uniteds largest shareholder.
Emerging market sales would jump to 45% of Diageo sales from 40% now, and Diageo would gain a sizeable footing in what one day should be the world's largest Scotch market, analyst Pablo Zuanic at Liberum Capital told Reuters.
There is no certainty that these discussions will lead to a transaction, said a United statement to the Indian stock exchanges.
The latest move follows a failed attempt in 2008 by Diageo to buy shares in United from Mallya but the Scottish