David Blitzer and Blackstone-backed group snaps up Indian cricket franchise for $1.8 billion
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Source: CNBC
Published: 2026-03-25 13:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Sport, Financial Markets, India
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Snippet:
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 ($1.78 billion) deal.
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