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Diageo & United Spirits getting closer

The rumours that Diageo and India’s largest Spirits Company – United Spirits will merge has been heightened by rumours that , Diageo has reportedly hired Vijay Mallya’s son Siddharth Mallya, 22, to work at its London office for at least two years. Diageo derives less than 1% of its sales and profits from India, but hopes to build on that by strengthening their distribution network.

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Thursday, December 14, 8:46 pm

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