04.11.2011 - Vinexpo news selection
Diageo is seeking to buy back 50% of the shares, which its partner the Indian distiller Radico Khaitan owns in Diageo Radico Distilleries, the joint-venture they founded together five years ago.
The world leader intends to gain greater autonomy on the Indian market that represents 135 million cases and more than 20% growth per year, where it has launched and promoted its own brands outside the JV. (V&S News – 20 October 2011)