Diageo’s Bid for Majority Stake in United Spirits Set to Fail

Diageo’s Bid for Majority Stake in United Spirits Set to Fail

Pankaj Nangia/Bloomberg

A sales assistant arranges bottles of wines and spirits, including United Spirits Ltd.'s Antiquity brand whiskey, at a liquor store in New Delhi. United Spirits has a leading 43 percent share of India’s whiskey market.