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Mumbai Indians bag 49% stake in Oval Invincibles
The Hundred: Mumbai Indians bag 49% stake in Oval Invincibles
Reliance Industries Limited, owners of Mumbai Indians, acquired a 49% stake in London’s Oval Invincibles for around £61 million. The move positions MI as influential in English cricket governance. The highest anticipated bid is for The London Spirit franchise,
Reliance Acquires 49% Stake In The Hundred's Oval Invincibles Team For £60 Mn
Mukesh Ambani's Reliance Industries (RIL) has made a major foray into English cricket by acquiring a 49 per cent stake in the Oval Invincibles, a franchise in The Hundred, for GBP 60.27 million. The deal values the team at GBP 123 million and strengthens Ambani’s growing presence in global cricket.
Mumbai Indians Secure 49% Stake In Oval Invincibles After Bidding War In The Hundred Franchise Sales
Mumbai Indians' winning bid at The Hundred reportedly values the franchise at 123 million pounds, meaning RIL will pay the Oval Invincibles just over 60 million pounds for its 49% stake
The Hundred: Mumbai Indians owners agree landmark deal to buy stake in Oval Invincibles
The owners of Indian Premier League giants Mumbai Indians have agreed a deal to buy a stake in Oval Invincibles in a landmark moment for English cricket. Reliance Industries Limited, owned by India’s richest family,
Ambanis triumph in bid battle for Oval Invincibles cricket team
Victory for the Ambanis means they have exclusivity and are set to finalise documentation in the coming weeks, according to one of the people. Taking the stake in Oval Invincibles would add to their global cricket interests, which include teams in South Africa, the US and the United Arab Emirates.
The Hundred: Oval Invincibles valued near £125m as Mumbai Indians owners clinch 49 per cent stake in franchise
Indias Ambani family has sealed a landmark agreement to become the first external shareholder in one of English crickets eight Hundred franchises; Watch The Hundred live this summer on Sky Sports Cric
Mukesh Ambani’s RIL acquires 49% stake in Oval Invincibles for £60.27 million
Mukesh Ambani's Reliance Industries Limited has acquired a 49% stake in the ECB's The Hundred team, Oval Invincibles, for £60.27 million, fending off competition from notable names. Reliance already owns multiple cricket franchises globally.
Mumbai Indians win bid for 49% stake in Oval Invincibles
Surrey-based team become first to be sold off in ECB equity sale, as giants of IPL secure winning bid | ESPN.co.uk
Mumbai Indians owners bag 49% stake in Oval Invincibles
Oval Invincibles is one of the most successful teams in The Hundred, having won the men’s tournament in the first two seasons. The team is currently owned by Surrey County Cricket Club, which will retain a 51% stake. The deal allows the RIL to conduct talks with Surrey for potential future ownership expansion.
Ambanis Buy Stake in London Cricket Team Oval Invincibles
The billionaire Ambani family won the bidding battle for a stake in the Oval Invincibles cricket team in London, after interest from private equity firms and Silicon Valley executives.
2h
on MSN
Ambani family acquires 49 percent stake in The Hundred side Oval Invincibles; MI franchise expands to 6 teams
Reliance Industries Limited, owned by India's wealthiest Ambani family, has acquired a 49% stake in the England's The Hundred ...
CricBuzz
3h
The Hundred: MI bag Oval Invincibles for GBP 123 million
Reliance Industries Limited (RIL), the owners of the Mumbai Indians in the IPL, have bagged the Oval Invincible team in The ...
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