RCB stake sale: United Spirits denies report of parent Diageo offloading stake in IPL franchise — here’s what it said
Shares of United Spirits climbed over 3 percent on June 10 to touch a five-month high, following a media report that suggested its parent company Diageo was considering selling its stake in IPL franchise Royal Challengers Bengaluru (RCB). However, United Spirits swiftly issued a clarification, categorically denying any such development. In a regulatory filing with…