Aditya Birla Group Consortium Acquires RCB for $1.78 Billion

Aditya Birla Group Consortium Acquires RCB for $1.78 Billion

New Delhi, March 24: A consortium led by the Aditya Birla Group and the Times of India Group has acquired the Royal Challengers Bangalore (RCB), the current Indian Premier League (IPL) champions, for $1.78 billion (approximately ₹16,725 crore). According to a news report by ‘Cricbuzz’, the consortium includes Bolt Ventures and Blackstone’s Perpetual Private Equity … Read more