Sports | inves4: Indian Equity Investing

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 … Read more

Blackstone, Temasek submit bids for Diageo stake in RCB

Blackstone Inc. and Temasek Holdings Pte are among the early bidders for control of Royal Challengers Bengaluru (RCB), two people familiar with the matter said. Diageo, which owns RCB’s parent United Spirits Ltd (USL), had begun the sale process of the IPL champion franchise in November. The private equity (PE) heavyweights have submitted non-binding bids, … Read more