Diageo confirms talks with United Spirits

Diageo has confirmed tentative discussions to acquire an interest in United Spirits have begun.

United Spitits is the company behind Whyte & Mackay, Dalmore and Black Dog.

A joint statement from the two companies read, “United Spirits Limited and Diageo plc confirm that Diageo plc is in discussion with United Spirits Limited and United Breweries (Holdings) Limited in respect of possible transactions for Diageo plc to acquire an interest in United Spirits Limited. However there is no certainty that these discussions will lead to a transaction.”

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