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Diageo-USL merge deal likely this week
date:Nov 08, 2012
was in talks with United Spirits and parent United Breweries (Holdings) to potentially acquire an interest in United Spirits.

But an executive familiar with the discussions, who spoke on condition of anonymity, told AFP that while a deal makes sense, there is still no certainty.

The newspaper said it was unclear what stake Mallya would have in United Spirits after the deal and whether it could mean an infusion of funds into his cash-strapped Kingfisher Airlines.

Last month, Indias aviation r

12/21 19:54