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Diageo toasts takeover of India's United Spirits

2014-07-03 15:00:39| Beverages - Topix.net

Johnnie Walker owner Diageo has finally gained controlled of India's largest spirits company in an attempt to pep up sales in the world's biggest whisky market.

Tags: united spirits takeover indias

 

Comment - Spirits - Cachaca's Big Chance, But Heed Tequila's Warning

2014-07-03 14:30:00| Daily beverage news and comment - from just-drinks.com

To celebrate the launch of just-drinks' and The IWSR's latest spirits report, Richard Woodard considers the future for cachaça. But, first, let us look to the past.

Tags: comment big chance warning

 
 

Editor's Viewpoint - India: Everyone's Favourite Spirits Market

2014-07-02 16:41:11| Daily beverage news and comment - from just-drinks.com

Finally, after almost 20 months, Diageo has got what it initially wanted in India. The company today (2 July) confirmed it now holds the majority of shares in United Spirits. This achievement, however, has cost way more than Diageo initially expected; to the tune of around US$1bn.

Tags: market india editors favourite

 

US: Spirits sales outpace wine, beer in 2007-2012 - figures

2014-07-02 16:41:11| Daily beverage news and comment - from just-drinks.com

The surge in spirits sales in the US has been further highlighted by new government data revealing the category significantly outpacing wine and beer sales.

Tags: sales figures wine beer

 

INDIA: Diageo breaks 50% control of United Spirits

2014-07-02 13:34:00| Daily beverage news and comment - from just-drinks.com

Diageo has confirmed the completion of its latest tender offer for shares in United Spirits and is now the majority controller of the Indian firm.

Tags: united control india breaks

 

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