Mumbai: Private investment firm RedBird Capital Partners, which has interests in the parent company of Liverpool and the Boston Red Sox, has picked up a 15% stake in Indian Premier League cricket franchise Rajasthan Royals for an undisclosed amount. The Royals won the inaugural edition of the popular tournament, which is played in the sport’s shortest Twenty20 format, in 2008 and are majority owned by London-based venture capitalist Manoj Badale’s investment firm Emerging Media. Emerging Media and RedBird, which is founded by former Goldman Sachs Partner Gerry Cardinale, announced the stake acquisition in a joint statement on Thursday but did not disclose financial details of the transactio
Hence then, the article about indian premier league british investment firm picks up stakes in rajasthan royals was published today ( ) and is available onKhaleej Times ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Indian Premier League: British investment firm picks up stakes in Rajasthan Royals )