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Tag: Royal Challengers Bengaluru acquisiton

RCB acquired by consortium for ₹16,600 crore

Posted on March 24, 2026 By admin
RCB acquired by consortium for ₹16,600 crore

United Spirits Limited (USL), the Indian arm of London-based Diageo, stated on Tuesday (March 24, 2026) that it had fully divested its stake in Royal Challengers Sports Pvt. Ltd. (RCSPL) to a consortium comprising Aditya Birla Group, The Times of India Group, Bolt Ventures, and New York-based Blackstone’s private equity strategy, BXPE, in an all-cash deal worth $1.76 billion. According to a…

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