Mumbai Indians bag 49% stake in Oval Invincibles

Mumbai Indians win bid for 49% stake in Oval Invincibles
Mumbai Indians owners Reliance Industries Limited (RIL) are set to buy a 49% stake in Oval Invincibles after winning a virtual auction on Thursday afternoon. RIL will enter into a period of exclusivity which will see them negotiate agreements with Surrey,
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.
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.
Ambani family buys 49% stake in London cricket team Oval Invincibles
The Ambani family secured a 49% stake in the Oval Invincibles cricket team after competing against private equity firms and Silicon Valley executives. This marks the first successful sale in a process aimed at enhancing cricket’s financial landscape through the new Hundred competition.
MI's Hundred move: 49% stake in Oval Invincibles
Mumbai Indians won a fiercely contested e-auction, fending off competition from a Silicon Valley tech consortium, comprising the chief executives of Google, Microsoft, and Adobe as well Gujarat Titans owners CVC.
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.
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,
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 ...
CricBuzz2h
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 ...
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 ...
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 ...