Defending champion RCB sold for record-breaking Rs 16,700 crore IPL deal
Banglore, 25/3: Indian Premier League (IPL) franchise Royal Challengers Bengaluru (RCB) has been bought by a consortium of Aditya Birla Group (ABG), The Times of India Group (ToI), Bolt Ventures (Bolt), and Blackstone’s perpetual private equity strategy (BXPE, Blackstone) for a valuation of $1.78 billion, which translates to approximately Rs 16,706 crore. The consortium will…
