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India update

News and announcements from the Whisky Magazine team

India update

Postby Rob Allanson » Thu Mar 12, 2009 10:37 am

United Spirits Limited has indicated that it is considering selling off interests in Glasgow-based distiller Whyte and Mackay.
Rumours have been circulating that Indian business giant Dr Vijay Mallya is to sell off the Scotch whisky group less than two years after paying £595m for the distiller.
A spokesperson for USL in Bangalore said: "The sale of a minority interest in Whyte and Mackay is an option that we may consider at the appropriate time."
Rob Allanson
Editor
 
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