IPL currently has 10 teams, each named after a different city or region in the country. These are owned by a varied mix of large Indian conglomerates (Reliance Industries, JSW Group, GMR Group, RP ...
Ahmedabad-based Torrent Group has acquired a 67% controlling stake in IPL franchise Gujarat Titans, previously fully owned by CVC Capital Partners. De ...
IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the ...
Ahead of the start of a new season of the popular T20 cricket league, Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 per cent stake in IPL franchise Gujarat Titans, PTI ...
The BCCI has shown the green signal for the transfer of Gujarat Titans' franchise from CVC Capital to the Torrent Group ahead of the IPL 2025. Check more details of the transaction, only on.
Torrent Group (“Torrent”) has completed its acquisition of 67 percent majority stake in Gujarat Titans from Irelia Company Pte Ltd (CVC Capital Partners) following approval of the Board of Control for ...
The deal is a win-win situation for both as CVC has not only retained one-third share but also got back 89 percent of the amount originally invested in buying the team.
Torrent and Irelia had announced the signing of the definitive agreements on February 12, subject to customary closing conditions and approvals.
Ahmedabad-based Torrent Group on Monday said it has completed the acquisition of a majority 67 per cent stake in IPL franchise Gujarat Titans ahead of the start of a new season of the popular T20 ...
BCCI has approved the acquisition of 67% stake in IPL team Gujarat Titans by Torrent Group, media networks have reported. Torrent Group now has majority ownership of Irelia Sports India ...