Diageo Considers Sale of Stake in Indian Cricket Team, Bloomberg Says, Citing Sources

Dow Jones

06-10

-- Diageo is weighing options for its ownership of the Indian Premier League cricket franchise Royal Challengers Bengaluru, including a sale of part or all of the club, Bloomberg reports, citing sources.

-- The U.K. distiller owns the team through its Indian unit, United Spirits, and might seek a valuation of as much as $2 billion, according to Bloomberg.

-- A spokesperson for Diageo declined to comment to Bloomberg, while a representative for United Spirits didn't respond to a request for comment.

Full story: https://tinyurl.com/munsp9hh

Write to Andrea Figueras at andrea.figueras@wsj.com

(END) Dow Jones Newswires

June 10, 2025 03:22 ET (07:22 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2542398603","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542398603","pubTimestamp":1749540120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"-- Diageo is weighing options for its ownership of the Indian Premier League cricket franchise Royal Challengers Bengaluru, including a sale of part or all of the club, Bloomberg reports, citing sources.-- The U.K. distiller owns the team through its Indian unit, United Spirits, and might seek a valuation of as much as $2 billion, according to Bloomberg.-- A spokesperson for Diageo declined to comment to Bloomberg, while a representative for United Spirits didn't respond to a request for comment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"彭博社援引消息人士的话称，帝亚吉欧考虑出售印度板球队的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DEO":0.9,"DGE.UK":0.6,"TISI":1},"content_text":"-- Diageo is weighing options for its ownership of the Indian Premier League cricket franchise Royal Challengers Bengaluru, including a sale of part or all of the club, Bloomberg reports, citing sources. \n\n\n  -- The U.K. distiller owns the team through its Indian unit, United Spirits, and might seek a valuation of as much as $2 billion, according to Bloomberg. \n\n\n  -- A spokesperson for Diageo declined to comment to Bloomberg, while a representative for United Spirits didn't respond to a request for comment. \n\n\n \n\n\n  Full story: https://tinyurl.com/munsp9hh \n\n\n \n\n\n  Write to Andrea Figueras at andrea.figueras@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 10, 2025 03:22 ET (07:22 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}