who is the owner of united spirits limited
United Spirits On 27 May 2013, Diageo acquired a 10% stake in United Spirits at a cost of ₹20,927,196,000 (US$310 million). It also separately acquired an additional 58,668 shares for ₹ 85,778,082.[11] On 4 July 2013, Diageo bought an additional 14.98% of the company for ₹31.35 billion (US$470 million). Diageo acquired an additional 21.77 million shares at a cost of ₹1,440 (US$21) per share in an off-market-deal from United Spirits' promoters, raising its holdings to 25.02 per cent of the company.[12][13] Following that purchase, Diageo held 36.3 million shares in USL, acquired at a cost of ₹52,358.5 million (US$780 million),[14] making it the largest shareholder.[15] Under pressure from Diageo, some substantial changes to the management structure of the firm began to take place in 2013.[16]
Foster's Lager Commencing 1981, the brand was brewed under licence in the UK by Watney Mann and Truman Brewers. This was the first time that Fosters had been available on draught anywhere in the world; in Australia it had only been available first in bottles, then later in cans. The draught product was based on Carlton Lager,[citation needed] another Carlton United Brewers product, and it was first brewed in the UK at the pilot brewery at Truman's Brick Lane Brewery in mid 1981. In 1986, Courage obtained the rights to brew and distribute Foster's alongside Watney Mann and Truman Brewers. This was a result of a deal done following Courage's acquisition by Carlton United Breweries,[when?][citation needed] which by that time had been re-named as Foster's Brewing Group.[citation needed] In 1990, Courage took over Watney Mann and Truman Brewers following the pubs for breweries swap with WMTB's parent company Grand Met.[citation needed]