United Spirits falls after court annuls Diageo deal

MUMBAI (Reuters) - Shares in United Spirits Ltd closed 3.6 percent lower after a court ordered the annulment of the sale of the Indian spirits maker to British group Diageo.

Karnataka High Court ordered the cancellation of the sale on Friday in response to a petition by creditors of United Breweries Holdings Ltd , which sold its stake in United Spirits to the British firm through a complicated share transaction.

United Breweries Holdings ended up 1 percent.

(Reporting by Himank Sharma; Editing by Rafael Nam)