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BLACKSTONE RCB DEAL
IPL may become the GOAT of sports world; League sees sharp rise in valuations on record media rights deals, deep-pocketed sponsorsIPL franchise values are soaring, projected to hit $15 billion by 2032. This growth rivals top European football clubs. Record media rights...
Aditya Birla Group bets big on IPL boom, says media rights frenzy is far from overAditya Birla Group sees strong future growth for Indian sports. The group believes IPL media rights will keep increasing in value. This is ...
Pitch perfect for private equity as the IPL investment playbook draws global investorsSeveral team owners have extended their footprint into overseas T20 leagues such as South Africa's SA20, the UAE's ILT20 and England's The ...
IPL franchise valuations surge after RCB Rs 16,660-crore dealAditya Birla Group, The Times of India (publishers of The Economic Times), Bolt Ventures and a Blackstone fund, acting in a consortium, acq...
Consortium led by Aditya Birla Group and The Times of India acquires RCB for $1.8 billionRoyal Challengers Bangalore has been acquired for a staggering $1.8 billion by a consortium including Aditya Birla Group and The Times of I...
Cheers to IPL exit! Brokerages say Rs 16,660-crore RCB stake sale will unlock value for United SpiritsUnited Spirits’ Rs 16,660 crore sale of its RCB stake has been termed value accretive by brokerages, which expect improved capital allocati...
RPSG shares rocket 20% after RCB's Rs 16,600 crore deal lifts valuation benchmark for IPL teamsShares of RPSG Ventures rose sharply after United Spirits sold the Royal Challengers Bengaluru franchise for Rs 16,600 crore, setting a new...
Rs 16,600 crore in the bag! United Spirits shares in focus as firm finalises sale of IPL giant RCBUnited Spirits' shares are set for attention following the Rs 16,600 crore sale of its IPL franchise, Royal Challengers Bengaluru. A consor...