TABLE 1—
Diageo’s Investments in United Spirits Limited (USL): India, May 2013–June 2014
Cost |
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Date of Finalized Transaction | % of Shares in USL | No. of Shares (Millions) | Price per Share (Indian Rupees) | Billions of Indian Rupees | Approximate Equivalent in US $ |
May 13 and 27, 2013 | 10.04 | 14.59 | 1440 | 21.0 | 344.5 million |
July 4, 2013 | 14.98 | 21.77 | 1440 | 31.3 | 513.7 million |
November 26, 2013 | 1.35 | 1.97 | 2400 | 4.7 | 77.2 million |
January 31, 2014 | 2.41 | 3.50 | 2474 | 8.7 | 142.7 million |
Total at close of 2014 fiscal year (June 30, 2014) | 28.78 | 41.83 | 65.7 | 1.1 billion |
Source. Diageo 2014 Annual Report.20(p102)