Reports say CVC Capital Partners is ready to sell a stake—majority—in the IPL franchise of Gujarat Titans, whose stake value is around $1 bln-$1.5 bn. According to Economic Times, CVC is negotiating with the Adani Group and the Torrent Group over selling a majority stake in the franchise, with both groups showing interest in the […]

As per the recent reports, the issue over CVC Capital’s bid for the Ahmedabad franchise in the Indian Premier League (IPL) has come to an end. The BCCI and CVC Capital have been discussed for several hours and they announced that CVC Capital was “fit” to own an IPL franchise as well. However, the BCCI, […]