Diageo India has refuted media reports suggesting the sale of its Royal Challengers Bengaluru (RCB) IPL franchise, labeling them as speculative. Despite the denial, speculation persists, fueled by a Bloomberg report and a subsequent rise in United Spirits' shares. There are also murmurs about Diageo valuing the RCB franchise at around USD 2 billion.source https://timesofindia.indiatimes.com/sports/cricket/ipl/top-stories/rcb-to-be-sold-after-historic-ipl-2025-win-owner-diageo-breaks-silence/articleshow/121759869.cms
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