Ambanis' Mumbai Indians clinch deal for 49% stake in Oval Invincibles
India's Ambani family has sealed a landmark agreement to become the first external shareholder in one of English cricket's eight Hundred franchises, Sky News can exclusively reveal.
Ambani outbids Nadella, Pichai to acquire Oval Invincibles cricket team
The bidding for the Oval Invincibles stake was intense, with the Ambani finally outbidding CVC Capital Partners and a consortium of Silicon Valley CEOs, including Sundar Pichai and Satya Nadella. The acquisition makes them influential players in one of the most valuable franchises in 'Hundred' competition.
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 win bid for 49% stake in Oval Invincibles cricket team
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.
Ambani family buys 49% stake in London cricket team Oval Invincibles
The Ambani family, which also own the Mumbai Indians franchise in IPL, will take a 49% holding in Oval Invincibles, according to a person familiar with the matter.
Reliance Industries to Acquire Stake in Oval Invincibles
Mumbai Indians owners, Reliance Industries Limited, are set to acquire a 49% stake in the Hundred franchise Oval Invincibles. The acquisition deal, valued at 123 million pounds, follows a competitive e-auction.
Mukesh Ambani's Reliance Industries acquires 49% stake in THIS cricket team
Mukesh Ambani’s Reliance Industries (RIL) has acquired a 49% stake in the ECB's The Hundred team, Oval Invincibles, for £60.27 million, valuing the team at £123 million. The deal, finalised through a virtual auction,
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 side, Oval Invincibles. The group already owns the Mumbai Indians franchise in the IPL,
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