Analysis: Could £1bn IPL RCB cricket windfall begin Diageo’s comeback? Sport Business It’s been a tough few months for Diageo – and a tough few years for Diageo shareholders. The London-listed drinks giant has seen its share price melt away amid a slump in demand for premium spirits, rising production costs and a flurry of tariffs from across the pond. The stock is already down by an [...]
Diageo mull $2bn sale of IPL side Royal Challengers Bengaluru Sport Business Beverage giant Diageo is mulling a potential sale of its Indian Premier League (IPL) side Royal Challengers Bengaluru. The reigning IPL champions – whose roster this year featured the likes of England’s Phil Salt, Liam Livingstone and Jacob Bethell, as well as Australians Tim David and Josh Hazlewood – are owned by United Spirits, a [...]