The consortium that is buying the Royal Challengers Bengaluru cricket franchise includes Blackstone's perpetual private equity fund, U.S.-based investment firm Bolt Ventures and Indian companies Aditya Birla Group and The Times of India Group, Diageo said. "Diageo Sells Cricket Team to Blackstone-Backed Consortium for $1.8 Billion," at 0743 GMT on Wednesday, incorrectly said Bolt Ventures was a Germany-based venture capital company.
(END) Dow Jones Newswires
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