The world’s largest spirits maker Diageo has made a $1.9 billion play to take control of India’s United Spirits. Diageo said it had made an offer to double its stake in the company, offering $50.30 a share. The London-based company currently owns a nearly 29% stake through a subsidiary and hopes to add a further 26% through this transaction. The offer marks Diageo’s second attempt to assume control of United Spirits, after bidding $2 billion for 53% of the company in 2012.
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