Royal Challengers Bengaluru: $1.78 Billion Acquisition By Consortium Including Blackstone

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A consortium including Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone has agreed to acquire Royal Challengers Bengaluru for approximately $1.78 billion. This acquisition includes both the men’s and women’s cricket teams. The deal signifies a strategic shift for United Spirits Limited to focus on its core beverage alcohol business, and highlights growing institutional interest in the IPL cricket ecosystem.

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