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UK News
The deal will improve access for UK whisky and cars to the Indian market, and cut taxes on India's clothing and footwear exports.
The takeover by a US firm shows the differing fortunes and attractions of US and UK stock markets.
The deal is the latest example of a UK-listed company being taken over by a US rival.
The firms join a growing list of big businesses cautioning about the impact of Trump's import taxes.
The move follows a bitter power struggle over the business.