Torrent Group Secures Majority Stake in Gujarat Titans IPL Franchise
Ahmedabad-based Torrent Group has completed the acquisition of a 67% controlling stake in IPL franchise Gujarat Titans after receiving all necessary approvals, including from the Board of Control for Cricket in India (BCCI). The stake was purchased from Irelia Company, a wholly-owned subsidiary of private equity fund CVC. According to the Economic Times, the final … Read more