The news is that Vijay Mallaya has resigned from USL (in exchange of some amount of money - USD 75 million in 5 years !!!)
Now it paves way for Diageo to take complete control and move forward with its plans.
USL opened up today (nearly 4%)
Today I heard on radio about beer consumption being highest in AP, TN, Karnataka and Kerala (they being the top 4).
I read a bit and came across this article.
http://www.newindianexpress.com/states/telangana/Consumption-of-Beer-Highest-in-Telangana-Andhra/2015/06/04/article2847997.ece
This is 2015 based and am sure the figure would have increased by today (2016)
In India with more population growing and more teenagers opting for beer etc. the consumption should grow. (I know this is bad habit but its happening - sadly)
Are you looking at USL and UB based on above news?
There are also rumors of Heineken increasing its stake in UB. Does that generate interest for you?
Now it paves way for Diageo to take complete control and move forward with its plans.
USL opened up today (nearly 4%)
Today I heard on radio about beer consumption being highest in AP, TN, Karnataka and Kerala (they being the top 4).
I read a bit and came across this article.
http://www.newindianexpress.com/states/telangana/Consumption-of-Beer-Highest-in-Telangana-Andhra/2015/06/04/article2847997.ece
This is 2015 based and am sure the figure would have increased by today (2016)
In India with more population growing and more teenagers opting for beer etc. the consumption should grow. (I know this is bad habit but its happening - sadly)
Are you looking at USL and UB based on above news?
There are also rumors of Heineken increasing its stake in UB. Does that generate interest for you?
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