LONDON--Premium drinks firm, Diageo PLC (DGE.LN), which houses Johnnie Walker, J B, Buchanan's, and Smirnoff, among its brands, said Tuesday it is in talks with United Spirits Ltd. (532432.BY) and United Breweries (Holdings) Ltd. (507458.BY) to buy an interest in United Spirits.

MAIN FACTS:

-There is no certainty that these discussions will lead to a transaction.

-Diageo shares closed in London Monday at 1724 pence valuing the company at 43.22 billion pounds.

-Write to Ian Walker at ian.walker@dowjones.com

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