CCI Clears Aditya Birla Consortium's Acquisition of RCB Franchise

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The Competition Commission of India has granted regulatory approval for the acquisition of Royal Challengers Bengaluru by a consortium led by the Aditya Birla Group. This clears a major hurdle in the ownership transfer process for the IPL franchise. The deal now awaits final ratification by the Board of Control for Cricket in India before it can be formally completed. BCCI's approval is the last remaining step to officially conclude the transaction.

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