liquor

Shareholders approve a follow-on offering that could involve the sale of up to 3 billion common shares of the liquor and distillery holding company.

KKR announces an investment in VATS Liquor Store only days after it joins other buyers to acquire Morgan Stanley's stake in Chinese investment bank CICC.

United Spirits' share price jumps 7% after the deal, which is completed on the same day as HCL Infosystems raises $102.4 million from a QIP of its own.