In your interest.
Online Personal Finance Magazine
No beating about the bush.
On 7th April, The Economic Times wrote a detailed story about Bacardi’s moves to explore inorganic growth opportunities in India. The report extrapolated statements by Bacardi’s CEO, Andreas Gembler, to speculate that the company could be looking at acquiring ‘treasury stocks’ held by United Spirits Limited (USL) that was created by mergers within the group. This stock represents a 10%-12%...