sports

David Blitzer and Blackstone-backed group snaps up Indian cricket franchise for $1.8 billion

CNBC
byPriyanka Salve
Wednesday, March 25, 2026 at 02:41 AM
David Blitzer and Blackstone-backed group snaps up Indian cricket franchise for $1.8 billion

Indian cricket franchise Royal Challengers Bengaluru has been acquired for $1.78 billion by a consortium of global and Indian investors.

A consortium comprising Blackstone, serial American sports investor David Blitzer, among others, has acquired the Indian Premier League's Royal Challengers Bengaluru franchise in a 166 billion rupees… [+2066 chars]
Language

eng

Source

CNBC

Category

sports

Added

111d ago