WebMay 30, 2024 · USL and Inbrew have executed definitive agreements for the sale of the entire business undertaking associated with 32 brands, including iconic brands Haywards, Old Tavern, White-Mischief, Honey ... WebAug 1, 2024 · United Spirits Ltd (USL) will seek shareholders' nod for "slump sale" of business linked to 32 brands, a regulatory filing stated on August 1. The approval from shareholders will be sought at the...
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WebMay 29, 2024 · The board of directors of liquor major United Spirits has approved the sale and franchise of 32 popular brands in its portfolio to Inbrew Beverages for an estimated Rs 820 crore. The decision to sell follows a strategic review initiated by USL for its popular brands which explored various options, including divestment. WebMay 29, 2024 · Furthermore, USL and Inbrew have agreed to a five-year franchise agreement for 11 additional brands, including Bagpiper. USL has also granted Inbrew the right, subject to certain conditions, to convert the fixed-term franchise agreement into one with perpetual rights to use or a call option to acquire the brands for a pre-agreed-upon sum. sims 4 family house ideas
USL to sell 32 popular mass brands to Inbrew Beverages for Rs …
WebMay 28, 2024 · NEW DELHI: Liquor major United Spirits Limited (USL), on Friday announced the sale and franchising of over 30 popular brands to Inbrew Beverages for an estimated … WebMay 27, 2024 · Inbrew Beverages Pvt Limited has agreed to buy 32 spirits brands from United Spirits Ltd (USL), the Indian arm of Diageo, the latter announced today. The deal includes brands like Haywards, Old Tavern, White-Mischief, Honey Bee, Green Label and Romanov and follows the strategic review of selected popular brands of USL. WebMay 31, 2024 · United Spirits Limited, an Indian subsidiary of global spirits giant Diageo, is selling its “Popular” portfolio of 32 alcohol brands to Inbrew Beverages for about 8.2 … sims 4 family ideas