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.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (55/100)Sources
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
Read full article →Coverage Timeline
Related Stories
Bank of Korea Raises Interest Rates for Second Consecutive Session
1h ago
Australia's Capital Expenditure Falls as Data Centre Investment Slows
1h ago
Singapore Police Raid Iron Ore Trader Radiant World Amid Expanding Fraud Investigation
1h ago
Qantas Reports Sharp Profit Decline Amid Soaring Fuel Costs and Fleet Upgrades
1h ago