This acquisition, valued at approximately $1.78 billion, includes both the men's Indian Premier League and the women’s Premier League teams, Blackstone reports.The acquisition is pending customary approvals, including those from the Cricket Board of Control for Cricket in India and the Competition Commission of India. The acquisition marks a significant shift in ownership from United Spirits Limited, a subsidiary of Diageo plc, to the new consortium.Under the new leadership, Aryaman Vikram Birla will assume ...