date:Nov 12, 2012
holds 28% in the company.
UB Holdings holds close to 28% in USL of which as much as 98% has been pledged, a BS report stated.
Diageo is a British multinational alcoholic beverage company headquartered in London and is the largest producer of spirits and a major producer of beer and wine. Some of its brands include Smirnoff and Johnnie Walker. It sells its products in over 180 countries and has offices in around 80 countries.
USL was planning to sell 48% stake in its Glasgow arm Whyte Mackay