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Delhi Capitals' GMR Group acquires majority stake in England's Hampshire county cricket team for £120m.
Delhi Capitals co-owner GMR Group agreed to buy a majority stake in English county cricket team Hampshire for £120m ($156m).
This would be the first time an overseas franchise owns a county club in England.
The deal gives GMR Group control over the Utilita Bowl cricket stadium, a Hilton hotel, and a golf course.
If approved, the acquisition could potentially allow access to Delhi Capitals' young players for domestic tournaments.
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El Grupo GMR de Delhi Capitals adquiere participación mayoritaria en el equipo de cricket del condado de Hampshire en Inglaterra por 120 millones de libras.