UNITDSPR \u2014 Recent Activity

Diageo Sells Cricket Team to Blackstone-Backed Consortium for $1.8 Billion

The drinks giant said its United Spirits subsidiary in India reached an agreement for the sale of Royal Challengers Bengaluru following a strategic review.

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Diageo Could Gain Over $1 Billion From $1.8 Billion IPL Team Sale

Sale of Royal Challengers Bengaluru could deliver major cash payout tied to Diageo's 55.9% stake in United Spirits.

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United Spirits to sell Royal Challengers Bengaluru stake to consortium

United Spirits said it will sell the RCSPL stake in an all-cash deal valued at Rs166.6bn ($1.78bn).

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Birla, Blitzer, Blackstone, Times of India consortium to buy IPL team RCB for $1.78 billion

March 24 (Reuters) - A consortium comprising Aditya Birla Group, Times of India Group, Bolt Ventures, and Blackstone said on Tuesday it would acquire Indian Premier League franchise Royal Challengers

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Diageo Weighs Royal Challengers Sale As Shares Trade At Discount

Global private equity firms including Blackstone, Temasek, Advent, PAG, and Carlyle are assessing early bids for the Royal Challengers Bengaluru IPL franchise. The franchise is being sold by United Spirits, a Diageo subsidiary, as part of a potential reshaping of Diageo's exposure to Indian sports assets. The presence of both international and domestic bidders signals broad interest in this high profile cricket asset. For investors tracking Diageo (LSE:DGE), this possible sale comes after a...

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United Spirits Ltd (BOM:532432) Q3 2026 Earnings Call Highlights: Resilient Growth Amidst ...

Despite hurdles in Maharashtra, United Spirits Ltd (BOM:532432) showcases strong performance in premium segments and anticipates positive trends in upcoming quarters.

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India's Serum Institute CEO Poonawalla to bid for IPL champions RCB

Jan 22 (Reuters) - Adar Poonawalla, CEO of vaccine maker Serum Institute of India, said on Thursday he will bid for the Indian Premier League cricket team Royal Challengers Bengaluru (RCB).

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India's United Spirits quarterly profit rises on demand for pricier liquor

Jan 20 (Reuters) - India's United Spirits, which sells Johnnie Walker whiskey and Tanqueray gin, reported a rise in quarterly profit on Tuesday, aided by broadly steady demand for its premium liquor.

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United Spirits mulls future of Royal Challengers Bengaluru stake

Praveen Someshwar, the managing director and CEO of United Spirits, said RCSPL is “non-core to our alcobev business”.

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Diageo's India arm to review investment in RCB cricket team owner

By Hritam Mukherjee (Reuters) -Diageo's India arm will begin a strategic review of its investment in a unit which owns the Indian Premier League cricket team 'Royal Challengers Bengaluru', the spirits

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