Torrent Group to choose 67 % of Team Team Team Gujarat Titans from CVC CAPITAL

Torrent Group, based in Ahmed Abad, is scheduled to choose the majority of the Indian Premier League privilege (IPL), Googa Joghir. The group will buy a 67 percent stake in the team of CVC Capital Partners.

CVC had bought the team in 2021 for 5,625 rupees in 2021. Torrent Group was through Torrent Sports Ventures, previously submitted to Ahmed Abad (4,653 crores) and LuckNow (4,356 rupees ) In 2021, a failed attempt to acquire one of the three teams to seize the English Opening Women’s Premier League (WPL).

Torrent-CVC is awaiting the approval of the IPL Board of Directors. It may control the next season, which will start on March 21.

“Torrent Group conversations that take a third (67 %) ownership in an advanced stage. The period of imprisonment for the CVC group where the only owners end in February 2025, and then they liberate the sale of risk,” IPL source said PTI

The source said that Cell, one of the biggest names in the pharmaceutical sector, showed interest when BCCI called bids for two new teams. The deal will need BCCI approval, which is expected to be presented in the coming days.

Gujarat Joghofra won the title in 2022 under the leadership of Hardic Pandia, and the runner -up was in 2023. Under the leadership of Chopman Jill, he occupied the eighth team last year. Regardless of a generation, the roundabout in Afghanistan Rashid Khan, the White Ball Captain, India, and India Mohamed Seraj are also part of the Gujabra.

(With PTI inputs)