Diageo Plc tried for years to buy part of Vijay Mallya's United Spirits Ltd. before striking a November agreement to take a 53 percent stake in the company.
http://www.bloomberg.com/news/2013-04-09/diageo-s-bid-for-majority-stake-in-united-spirits-set-to-fail.html
http://www.bloomberg.com/news/2013-04-09/diageo-s-bid-for-majority-stake-in-united-spirits-set-to-fail.html
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