Diageo set to take over Mallya's United Spirits

November 09, 2012 10:29

India-born Ivan Menezes, seen to be the next chief executive at Diageo Plc, is leading the drinks giant on its most significant conquest in emerging markets. Menezes, currently chief operating officer, and his battery of dealmakers are set to clinch a long-rumoured takeover of United Spirits Ltd from India's troubled liquor czar Vijay Mallya anytime now. More on the Times of India.

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