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SREI Infrastructure Finance Ltd To Sell United Spirits Ltd Shares To Diageo PLC-Business Standard
Business Standard reported that SREI Infrastructure Finance Ltd plans to sell shares of United Spirits Ltd it got as collateral for lending to Kingfisher Airlines to Diageo PLC. Diageo on November 9, 2012 said it will buy a controlling stake in United Spirits for $2.04 billion. The maker of Johnny Walker whiskey said it will acquire 27.4% of the distiller at INR1,440 a share and will make a tender offer for 26% of the balance.
Latest Developments for Srei Infrastructure Finance Ltd
- SREI Infrastructure Finance Ltd Approves Equity Investment In Equipment Finance JV Company With BNP Paribas
- ICICI Bank Ltd Deplanes, Sells INR450 Crore (INR4.5 Billion) Kingfisher Airlines Loans To SREI Infrastructure Finance Ltd's Fund; May Sell About 4% Shares Of United Spirits Ltd -The Economic Times
- SREI Infrastructure Finance Ltd. To Diversify Infrastructure Lending-Business Line
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