DIAGEO HOLDINGS NETHERLANDS BV
Diageo seeks legal view on objections to using UBL shares
Legal experts close to Diageo said that the PMLA/ FEOA case includes claims to UBL shares.
Court allows Diageo Holdings Netherlands BV intervention application in Vijay Mallya assets case
British group seeks dismissal of lenders’ re...
Diageo claims right on Vijay Mallyas’ pledged shares
It opposed an application moved by a consortium of staterun lenders led by SBI, which so...
UK court hears Diageo USD 175 million claim against Vijay Mallya
With some USL shares caught up in India's Debt Recovery Tribunal (DRT) action at the time, it was expected that the collateral associated with the loan could be pursued at a later stage.
Promoters use correction in share prices to increase stake in their companies
This move gives assurance to investors about the long-term prospects of these companies.
Mallya deal under Sebi review: Diageo Plc may need to make open offer to USL shareholders
Sebi views last year’s $75-mn exit settlement between embattled businessman Vijay Mallya and the world’s biggest distiller as change in management control.
Vijay Mallya deals brings Diageo under Sebi lens
The latest notice from Sebi was triggered because of the disclosure of the so-called Watson transaction, under which a Diageo entity had provided guarantee to Watson Ltd.
Notice on additional payments:Diageo set to challenge Sebi’s notice on open offer
In 2013, following a 2012 agreement between Diageo and Mallya for buying a majority stake in USL, an open offer was made at Rs 1,440/share to the shareholders of USL.
Diageo may not be able to recover $135 million loan from Vijay Mallya-affiliated firm
Diageo said it may not be able to recover a loan of USD 135 million given to Vijay Mallya-affiliated Watson Ltd by Standard Chartered Bank where it had acted as a guarantor.
Diageo owned United Spirits seeks protection under BIFR
The country’s largest beer company has sought shareholders’ approval for this on January 22, said a filing to the stock exchange.
Did Diageo help Vijay Mallya move out Rs 4,000 crore?
Karnataka HC order annulling Diageo's acquisition of shares in United Spirits from Mallya's UB Holdings landed British drinks giant in a tight spot two weeks ago.
Diageo to weigh shareholder agreement terms on Mallya's removal from United Spirits
Diageo notes the recommendation of the USL board and will now consider its position under its agreements with Mallya and United Breweries Holdings.
United Spirits approves preferential allotment of shares to Diageo
United Spirits Ltd on Monday approved the allotment of 14.5 mn shares on a preferential basis to a wholly owned unit of UK drinks group Diageo.
USL stock up 3% as Diageo buys shares; ups stake to 29%
Shares of United Spirits today rose three per cent after the UK-based Diageo acquired an additional 2.40 per cent stake in Vijay Mallya-led UB group firm.
United Spirits gains over 4% as Diageo ups stake to nearly 29%
Diageo acquired an additional 2.40 per cent stake in Vijay Mallya-led UB group's United Spirits for an estimated Rs 866 crore through open market transaction.