Consortium led by ABG and The Times of India Group acquires RCB for $1.8 billion

Consortium led by ABG and The Times of India Group acquires RCB for $1.8 billion

Royal Challengers Bangalore has been acquired for a staggering $1.8 billion by a consortium including Aditya Birla Group and The Times of India Group. This deal, alongside Rajasthan Royals' $1.6 billion valuation, highlights the booming T20 cricket franchise …

A consortium comprising Aditya Birla Group, The Times of India Group, Bolt Ventures (David Blitzer) and a Blackstone fund has acquired Royal Challengers Bangalore, one of the most valued franchises i… [+6357 chars]