Word: ubs
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...still riding high and the animator thought he had the upper hand. Instead, the studio told him that it had hired away all of his employeees and retained the rights to Oswald. Univesral offered to keep Disney if he took a lower salary, but he refused. He and Ub Iwerks - the one loyal animator who stayed with Disney Bros. - returned to work and held a series of hair-pulling, late-night brainstorming sessions for Oswald's replacement. They shortened the ears, added some extra padding around the middle, and turned the rabbit into a mouse. Named Mortimer. The moniker didn...
...Mallya, taking over foreign companies is routine stuff. By building and buying everything from airlines to agrochemicals, he has created a $2 billion conglomerate. But he could be forgiven for taking a little added satisfaction in the recent $1.18 billion acquisition of scotch-whisky producer Whyte & Mackay by his UB Group, based in Bangalore, India. United Breweries has come full circle since the days of empire, when the firm was founded by Scotsman Thomas Leishman in 1915. It wasn't until India gained independence from Britain in 1947 that the first Indian director was appointed--Vittal Mallya, Vijay's father...
...UB's liquor arm United Spirits, the biggest whisky maker in India, and the Scotch Whisky Association (SWA) have been doing a brisk trade in bitter remarks, each charging the other with unfairly blocking its exports. Hardly the spirit, given that "scotch whisky is enjoying its best growth prospects for a generation," according to Alberto Gavazzi, global brands director for Diageo, the producer of Johnnie Walker...
...matured for a minimum of three years, they can't be labeled whisky in the E.U. "You can call them Indian spirit, you can call them rum," says Rick Connor, director of public affairs for Chivas Bros. "We do object to calling them whisky." That definition, Rekhi says, blocks UB from selling its leading Indian brands, like Bagpiper and McDowell's No. 1, in Europe...
...clubhouse. "It really gives him a good portfolio," says Alan Gray, author of the Scotch Whisky Industry Review for Edinburgh analysts Sutherlands. "It has brands like Whyte & Mackay. And the Isle of Jura and the Dalmore single malts are the icing on the cake." The acquisition also provides UB with a ready supply of scotch to blend into Indian whisky and to export to India and China. UB plans to double production at the Invergordon distillery within a year, creating the biggest whisky plant in the world...