Diageo’s offer for a 53.4% stake in United Spirits is “relatively full” compared to other spirits deals but will be “fair” if high Indian import duties are cut, according to an analyst.
INDIA/UK: United Spirits’ price tag “full, but fair” for Diageo – analyst
Diageo's offer for a 53.4% stake in United Spirits is “relatively full” compared to other spirits deals but will be “fair” if high Indian import duties are cut, according to an analyst.