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RCB Sale Gets Closer! Adar Poonawala Confirms Interest In Buying Franchise - 'Strong And Competitive Bid'

Adar Poonawalla, CEO of Serum Institute of India, has confirmed his intention to make a strong bid to acquire the Royal Challengers Bengaluru (RCB) franchise, following its recent title win in the IPL. The current owners, Diageo, are reportedly looking for bids around $2 billion for the team, making it one of the most valuable franchises in the league.

RCB Sale Gets Closer! Adar Poonawala Confirms Interest In Buying Franchise  - 'Strong And Competitive Bid'

Credit: Timesnownews

Key Highlights

  • Adar Poonawalla plans to submit a competitive bid for RCB.
  • Diageo, the parent company of United Spirits, has put RCB up for sale.
  • RCB recently won the IPL title in 2025, ending a long title drought.
  • The expected sale price for RCB is around $2 billion.
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Sources

  1. Adar Poonawalla Confirms "Strong And Competitive" Bid To Buy RCB
  2. RCB sale: Adar Poonawalla plans 'strong and competitive bid' to buy IPL franchise
  3. Adar Poonawalla confirms being interested in buying RCB: ‘Will place strong and competitive bid in coming months’
  4. RCB Sale Gets Closer! Adar Poonawala Confirms Interest In Buying Franchise - 'Strong And Competitive Bid'

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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