United Spirits to sell 32 mass-brands to Inbrew for Rs 820 crore - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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United Spirits to sell 32 mass-brands to Inbrew for Rs 820 crore

The deal includes the entire business of these brands such as related contracts, permits, intellectual property rights, associated employees, and a manufacturing facility. In addition, USL and Inbrew have entered into a five-year franchise arrangement for 11 other brands, including Bagpiper and Blue Riband.

from Industry-Economic Times
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