Brief by Shorts91 Newsdesk / 08:30am on 18 Mar 2026,Wednesday Sports
The sale of IPL team Royal Challengers Bengaluru is close to completion, with two bidders in the final stage, a report said. One bid has come from Swedish firm EQT. The other is a group led by Ranjan Pai, along with KKR and Temasek. Other interested parties have stepped back from the process. The deal value is expected to cross $2 billion. Earlier offers were lower, but bidding has increased in the final phase. Sources said owner Diageo has set a March 31 deadline to close the deal. The final decision is expected soon. (PC: NDTV Sports)
