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diageo is set to gain about $1bn from the sale of the IPL franchise. it controls one of the most valuable cricket franchises in the world. the royal Challengers Bengaluru (RCB) of the Indian Premier League (IPL) will cash in to the tune of more than $1 billion (€863 million) from its upcoming sale.diageo becomes second major sponsor to pull out of wireless festival after kanye west sets announced. the company behind Guinness, Crown Royal, Smirnoff, Ketel One and more said in a statement to The Independent.
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