Royal Challengers Bangalore Card Sale Sales? IPL winner RCB has the weight option of Diazio; You can evaluate $ 2 billion. India trade news
According to individuals about the Diazio PLC status, the Royal Challengers of the Indian Premier League Cricket Franchise are searching for options about the ownership of Bangalore (RCB). RCB recently won its first IPL. RCB, an original IPL franchise, was owned by Virat Kohli as one of its leading players, first in ownership of Vijay Mallya, who stopped operations in 2012. Later, the team came under ownership of Diazio after the acquisition of Malya’s spirals.According to a report by the UK -based Spirits Company Diazio, a part or club has introduced consultation with potential advisors to evaluate various options, including the entireness of the club. According to these persons cited in the report, it can give importance to its Indian subsidiary, United Spirits Limited, Diazio franchise in about $ 2 billion.Sources indicated that the final decision is pending and the company may choose to maintain ownership.On Tuesday morning, the shares of United Spirits rose by 3.3% in Mumbai trading, which reached a five -month peak after a possible transaction report.These developments match the Indian Health Ministry with efforts to promote tobacco and alcohol brands in the IPL, as well as restricting sports personality from indirect support of other unhealthy products, stating in the report.In India, direct advertising of tobacco and alcohol products is prohibited, although companies such as Diazio have marketed alternative products such as soda using major cricket players.The increasing value of IPL teams has converted them into highly desirable sports investments. A potential sales can install new pricing standards for future transactions in this fast expanded sports league.The IPL has developed into an important entertainment and advertising platform, which is in commercial value compared to the National Football League and the English Premier League. Its condensed, three -hour matches attract huge audiences at India and internationally.Diazio faces challenges in its primary market, the US, where tariffs and low consumer expenses affect the sales of premium spirits. The report stated that a potential sales can provide capital, while the company focuses on core operations and evaluates its global asset portfolio.
