FO Fortune Brands

India's United Spirits Ltd. (532432.BY) is open to making a bid for premium scotch whiskey brand Teacher's, a top executive said Thursday.

"Teacher's is a good fit for us, because in India it's the largest selling scotch whiskey brand," Managing Director Ashok Capoor told reporters.

Teacher's is a brand of Beam Global Spirits & Wine Inc., part of Fortune Brands Inc. (FO).

Capoor, however, clarified that the companies haven't approached each other in this regard.

"We are certainly interested in any brand that is relevant to the Indian market, or any other emerging market that we are focussing on," said Vijay Mallya, chairman of UB Group, which includes United Spirits.

-- By Rumman Ahmed, Dow Jones Newswires; +91 22 6145 6120; ashutosh.joshi@dowjones.com

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