Aditya Birla-led consortium snaps up RCB, US-based group bags RR
Mumbai, March 25 -- A consortium led by Aditya Birla Group, The Times of India Group, Bolt Ventures and private equity firm Blackstone has bought the Royal Challengers Bengaluru for $1.78 billion, a record valuation for a team in the world's most lucrative cricket competition. The deal for 100% of RCB, which includes both men's IPL team and the women's premier league team, according to a statement by the consortium, followed the news of another IPL sale. P16...
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