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Diageo's open offer for United Spirits shares to start April 10
April 5, 2013 / 5:11 AM / 4 years ago

Diageo's open offer for United Spirits shares to start April 10

April 5 (Reuters) - UK drinks group Diageo’s mandatory tender offer to buy up to 26 percent of shares in India’s United Spirits will start on April 10 and end on April 26, a manager for the deal said on Friday.

The price for the tender offer to United Spirits shareholders will remain at 1,440 rupees ($26) a share, JM Financial said in a notice to the Bombay Stock Exchange. United Spirits shares were trading at 1,841 rupees on Friday.

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