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How the Mallya-Diageo deal was finally ironed out


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Communal Award
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by Communal Award on Nov 12, 2012 10:23 PM

facebookcom/pages/Govt-Must-Nationalize-Reliance-Industries/112529335574293

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Satya Raj
The talks
by Satya Raj on Nov 12, 2012 10:48 AM  | Hide replies


Diageo: Mr. Mall Ya, we've heard you have squandered your riches chasing wannabe Indian bimbos and are in dire straits. We can help you by buying a junior stake in your company if you promise to change your w-horing ways.

Mall Ya: Yes please.

Diageo: Good. We offer Rs. 33,000 Crores for a 33% stake.

Mall Ya: Swell. Where do I sign?

Diageo: We'll get the papers ready soon and send them over for your review. Do you have any questions?

Mall Ya: I have heard that you have subsidiaries all over the world. You must have access to the best tail money can hire or buy. Can you spare some for my Calendar? It's been "slim" pickings with these drug-addict looking Indian girls trying to ruin my annual Taj Mahal of an effort. Please send some cherubically figured girls with the papers.

Diageo: Mr. Mall Ya your request has forced us to reconsider our initial offer. How does 53% stake for Rs.11,000 crore (including your family jewels or silver or whatever you call your overactive member these days) sound?

Mall Ya: Great but am I getting those plum girls I asked for?

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kv Rao
Diaego deal
by kv Rao on Nov 12, 2012 10:13 AM  | Hide replies

This may sound OK for public consumption.But the truth that VM is in debts neckdeep and this deal is absolutely necessary.
With less than 15% share in a gaint company that too with foreign partner, the position of Chairman is only to save the ego of VM and by this time next year ,he will be out as Chairman.

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Indian Indian
Re: Diaego deal
by Indian Indian on Nov 12, 2012 10:26 AM
Very True, he will be slowely removed as he did with Gopichand of Air Deccan. U willl get what u give!!

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Dhruba Sarma
Diego-UB Deal
by Dhruba Sarma on Nov 12, 2012 10:11 AM

Down to selling off family silver now .Lesson for others with money . Don't go for airline enterprise just for the glamour of it . One requires professionalim and hard-nosed business sense for that .

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