RCB owner Diageo may sell IPL team in $2 billion deal!
Global liquor giant Diageo Plc is exploring a potential sale of Royal Challengers Bengaluru (RCB), valuing the IPL team at up to $2 billion, according to reports.
RCB is owned via United Spirits Ltd, Diageo’s Indian subsidiary
• Discussions are at an early stage; no final decision yet
• Comes after RCB’s rising brand value and recent IPL success
Diageo is restructuring global assets to focus on core beverage business
A possible mega deal that could reshape IPL’s ownership landscape!
