United Spirits Terminates Stake-Sale Talks with Diageo

Summary


MANAVIGATOR-August 25, 2009-United Spirits terminates stake-sale talks with Diageo (C)2010 M2 COMMUNICATIONS http://www.m2.com

British spirits maker Diageo (LON:DGE) said Tuesday its talks to acquire a stake in Indian peer United Spirits (BOM:532432) have been terminated as the two sides failed to agree on the purchase price.

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United Spirits Terminates Stake-Sale Talks with Diageo

Diageo, however, said it...

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