Diageo in advanced talks to acquire stake in Indian concern

The world´s largest alcoholics drinks maker, Diageo, is in advanced talks to buy a stake in Indian outfit United Spirits, four people with knowledge of the matter have told Bloomberg.

The worlds largest alcoholics drinks maker, Diageo, is in advanced talks to buy a stake in Indian outfit United Spirits, four people with knowledge of the matter have told Bloomberg.

Such a transaction would fit in well with Diageos strategy of increasing its portfolio of emerging market assets; in fact, the company already has operations in the South Asian country.

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