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Blackstone makes first sports M&A investment in cricket
Primul articol: 25 mar. 2026, 22:01
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Ultima actualizare: 25 mar. 2026, 22:01
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Blackstone has made its first foray into sports mergers and acquisitions with an investment in cricket. This move signifies a strategic diversification for the investment firm, expanding its portfolio into the rapidly growing sports industry. Cricket, with its global appeal and expanding commercial opportunities, presents a compelling investment prospect for Blackstone.Articole despre acest subiect
Foto: Bloomberg
Blackstone's Chooses Cricket as First Sports M&A
A consortium led by Indian billionaire Kumar Mangalam’s Aditya Birla Group, The Times of India Group, David Blitzer’s Bolt Ventures and Blackstone has bought the Royal Challengers Bengaluru, in a major deal for cricket. Bloomberg's Scarlet Fu reports on "Bloomberg Deals." (Source: Bloomberg)
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