date:Nov 08, 2012
7.30 rupees on the Bombay Stock Exchange. United Spirits share price has risen sharply this year on speculation about a stake sale. The newspaper quoted two unidentified UB Group executives and two investment bankers who said the takeover was likely to be announced later this week.
United Spirits parent United Breweries said it was not commenting while Diageo said it was not making any statement beyond one issued in September.
In that statement, Diageo, makers of Johnnie Walker whisky, said it