Torrent Group in line to purchase majority share in Gujarat Titans
Updated On: 12 February, 2025 07:32 AM IST | New Delhi | PTI
While the valuation of the stake being sold by CVC remains unconfirmed, the global private equity firm had invested Rs 5,625 crore to acquire the Titans in 2021
Listen to this article :
Gujarat Titans celebrating during the match. Pic/AFP
Former IPL champions Gujarat Titans are set to have new owners as Indian business conglomerate, the Torrent Group, is in line to acquire a majority stake in the franchise.
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.
Read Next Story
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT