Overview
- People familiar say Diageo has yet to decide the stake on offer, with any move expected to go through its international board.
- Recent reports peg the defending champions’ valuation near ₹17,000 crore (about $2 billion), though some prospective buyers have questioned the price.
- Hombale already works with the team as its official digital content partner, a tie-up that began in April 2023.
- Other reported suitors include Nikhil Kamath, Adar Poonawalla and Ranjan Pai, with large corporate groups such as Adani and JSW also linked.
- Coverage cites a target to complete the process by March 31, 2026, following Diageo’s initiation of a formal sale review this month.