Reuters
Diageo, the maker of Johnnie Walker whiskey and Tanqueray Gin, currently owns an about 56% stake in United Spirits after slowly building it up over several years. The company has started talks with investment bankers and consultants on a delisting offer, the CNBC TV-18 report https://www.cnbctv18.com/business/diageo-exploring-option-to-delist-united-spirits-5947471.htm said, citing sources familiar with the matter. United Spirits' shares were trading flat at 0825 GMT on India's National Stock Exchange on Monday.