On March 24, Bengaluru, a consortium led by the Aditya Birla Group (ABG) acquired 100% equity stake in the IPL franchise, Royal Challengers Bengaluru, from its current owner, United Spirits Limited, for a staggering $1.78 billion (approximately ₹16,706 crore).Other parties involved in the...
abg
aditya birla group
blackstone
bxpe
cricket
david blitzer
indian premier league
ipl
private equity
rcb
royal challengers bengaluru
sports franchises
times of india
unitedspiritslimited
usl
women's premier league
wpl
Bengaluru, March 24 A consortium led by the Aditya Birla Group (ABG) emerged as the lead bidder to acquire the IPL franchise, Royal Challengers Bengaluru, for a staggering USD 1.78 billion (approximately Rs 16,706 crore) on Tuesday.Other parties involved in the consortium are – Blackstone, an...
aditya birla group
bengaluru
blackstone
business deals
corporate consortium
david blitzer
franchise acquisition
india
investment
ipl
mergers and acquisitions
royal challengers bengaluru
sports business
sports franchises
unitedspiritslimited
viral patel