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Diageo (DEO) is in talks with India's United Spirits and its parent firm United Breweries about...

Diageo (DEO) is in talks with India's United Spirits and its parent firm United Breweries about buying a stake in United Spirits, although there's no word on specifics. A report earlier this month said Diageo could purchase a 27% holding for 30B rupees ($563M). Any deal would continue the U.K. company's strategy of expanding in fast-growing emerging markets. (PR)
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