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Redbird Capital Partners, Co-Owner Of Liverpool FC, Buys 15% Stake In Rajasthan Royals
Redbird Capital Partners, a private investment firm that has invested in the company that owns Liverpool football club and Boston Red Sox baseball team, has acquired a 15 percent stake in the Indian Premier League (IPL) franchise Rajasthan Royals. The amount of transaction signed with the Royals is valued between US$250 million and US$300 million.
London-based venture capitalist Manoj Badale's investment firm Emerging Media owns the majority stake.
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