date:May 04, 2014
tion to owning Emperador Inc., the worlds largest maker of brandy, Alliance Global has interests in property development, food and gaming. Emperador, controlled by billionaire Andrew Tan, said April 25 that first-quarter sales rose 17% to 7.7 billion pesos ($173 million) and that it was seeking to expand its global footprint.
Diageo owns about 29% of United Spirits, which combined with voting and other governance arrangements with former owner Vijay Mallya was enough for control. Diageo last mo