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UB Holdings To Raise USD 300 Million For United Spirits

UB Holdings To Raise USD 300 Million For United Spirits

According to a report by Urvashi Jha of Financial chronicle, UB Holdings will raise USD 200-300 million for United Spirits, its flagship liquor division, by October 2009 and will raise more funds for the cash-strapped Kingfisher Airlines by March 2010. During the company's annual general meeting (AGM) in Bengaluru, Vijay Mallya, Chairman, UB Group, said, "I have many options with regard to raising funds for United Spirits. [...more]

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Friday, November 24, 2:47 pm

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