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Saturday, December 21, 2013

Drunk, and loost...

Court overrules Diageo’s Indian share purchase - FT.com: "However, the deal has faced complications as a result of Mr Mallya’s troubles with the creditors of Kingfisher. The airline was once one of India’s most popular carriers, but was forced to stop flying after protests from staff, who had not been paid.
“This judgment is not the end of the saga – but sure, it does raise the question ‘when will Diageo start to loose patience,’” said Mr Mathur.
If the judgment stands – leaving Diageo with just 16 per cent of the company, shareholders could question Diageo’s management control of the firm."

'via Blog this'

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