Gujarat Titans are set to experience an ownership shakeup, with Torrent Group acquiring 66 per cent of the franchise.
Torrent Group is set to acquire around two-thirds stake of Gujarat Titans from CVC Capital Partners, valuing the deal at Rs 7 ...
While the valuation of the stake being sold by CVC remains unconfirmed, the global private equity firm had invested Rs 5,625 ...
Gujarat Titans came into existence when the Ahmedabad franchise was bought by CVC Capital Partners for ₹5,625 crore in 2021.
The Ahmedabad-based conglomerate will purchase a 67 per cent stake in the team from CVC Capital Partners (Irelia Company Pvt ...
Gujarat Titans, are set for a change in ownership, according to sources privy to the development. The homegrown diversified ...
The Torrent-CVC deal is now awaiting approval from the IPL governing body. It could take control ahead of the upcoming season ...
The report also states that the IPL is currently processing the necessary paperwork before the league’s governing council ...
Torrent Group, which boasts a valuation of approximately Rs 41,000 crore, has been trying to make inroads into the cricketing ...
The Ahmedabad-based conglomerate will purchase a 67 per cent stake in the team from CVC Capital Partners (Irelia Company Pvt Ltd), who had bought the team in 2021.