Indian billionaire Adar Poonawalla, the Chief Executive Officer (CEO) of Serum Institute of India, has said that the Royal Challengers Bangalore (RCB) is a 'great team at the right valuation'. His comments come amid speculations that he is in talks to buy the RCB franchise, along with other bidders. The Bengaluru-based Indian Premier League (IPL) team seeks a one-time payment for the franchise, reports suggest.

Poonawalla appears to express his interest in acquiring a stake in the franchise, which is owned by United Spirits Limited (USL), the Diageo-controlled owner of RCB. He wrote on X, "At the right valuation, RCB is a great team..."

RCB valuation

USL operates as a subsidiary of Diageo, a British multinational alcoholic beverage corporation based in London. The company is aiming

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