Vijay Mallya-controlled UB Group is now looking to buyout the French brewer's wine company for US$15 million
Media Release
Jun. 19, 2006

Over a fortnight after it opted out of the race to acquire Champagne Taittinger of France, Vijay Mallya-controlled UB Group is now looking to buyout the French brewer's wine company for US$15 million.

Mallya on Friday said UB Group was looking to acquire a "small portion" of the Taittinger Group -- a wine company in France. "We are looking to acquire this company over the next few weeks," he told reporters on the sidelines of CII-organised "The India Innovation Summit 2006". "The reason (for the acquisition) is, it gets United Spirits into high quality wines which we will import and sell in Indian market." Asked if UB is still in the race for acquiring champagne assets of Taittinger, Mallya replied in the negative.

Vijay Mallya-controlled UB Group is now looking to buyout the French brewer's wine company for US$15 million
Media Release
Over a fortnight after it opted out of the race to acquire Champagne Taittinger of France, Vijay Mallya-controlled UB Group is now looking to buyout the French brewer's wine company for US$15 million.
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