Diageo’s United Spirits deal revives weak Indian M&A outlook

Inbound M&A is down by more than 70% since last year as foreign investors steer clear.
<div style="text-align: left;"> United Spirits' key brands </div>
<div style="text-align: left;"> United Spirits' key brands </div>
November 14, 2012

Diageo’s $2 billion bid for a 53% stake in India’s United Spirits last Friday marked a rare piece of good news in what has been a dismal year for Indian M&A.

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