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Diageo plc, the world's No. 1 spirits company, has entered into exclusive talks with India's United Spirits Ltd. for a partnership including a 14.99% stake for about $450 million, the Economic Times reported.Citing sources, the report noted London-based Diageo's brass, including Asia Pacific managing director John Pollaers and India...
Posted on November 13, 2008 3:28 PM
The world's financial giants have bought multiple minority stakes, aiming to partner in the historic opening of the Chinese financial sector. What will it take to make these deals really work?
Posted on October 15, 2006 8:20 PM
Is it better to run your business in China with a local partner, or to brave it alone? For the first time many foreign companies in the Middle Kingdom have a choice. But answering the question isn't as easy as you might think. Until recently, most foreign companies in...
Posted on April 15, 2006 4:55 PM
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