⚽ Sports
Mar 25, 2026
Aditya Birla & TOI Groups, Bolt Ventures and Blackstone acquire RCB for $1.8bn
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MUMBAI: Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone have signed a definitive agreement to acquire 100% of Royal Challengers Bengaluru (RCB), current holders of both the Indian Premier League and Women's Premier League titles, from United Spirits Ltd (USL), a subsidiary of Diageo Plc. The transaction has valued the franchise at $1.78 billion (about Rs 16,600 crore).The acquisition is subject to customary closing conditions, including approval from BCCI, the IPL
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