Consortium Acquires IPL's Royal Challengers Bengaluru for $1.8 Billion
A consortium including Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone has acquired the IPL team Royal Challengers Bengaluru for approximately $1.8 billion.
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Aditya Birla & TOI Groups, Bolt Ventures and Blackstone acquire RCB for $1.8bn
A consortium including Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone has agreed to acquire Royal Challengers Bengaluru for $1.78 billion. The deal, subject to regulatory approvals, will see Aryaman Vikram Birla as chairman and Satyan Gajwani as vice-chairman post-IPL 2026. This acquisition makes RCB the most valuable IPL franchise to date.
Read full article →Aditya Birla & TOI Groups, Bolt Ventures and Blackstone acquire RCB for $1.8bn
A consortium including Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone has agreed to acquire Royal Challengers Bengaluru for $1.78 billion. The deal, subject to regulatory approvals, will see Aryaman Vikram Birla as chairman and Satyan Gajwani as vice-chairman post-IPL 2026. This acquisition makes RCB the most valuable IPL franchise to date.
By TIMES NEWS NETWORK
Read full article →India-US consortium buys IPL's RCB for $1.7bn - The Daily Star
India-US consortium buys IPL's RCB for $1.7bn The Daily Star
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