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These companies are currently planning on making significant investments in the IPL team. This huge investment will help the Adani Group rise above the rumours of the Adani scam. It will also be able to establish itself as a global leader in this business world.
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ADANI GROUP EYES THE IPL FRANCHISE GUJARAT TITANS FOR THE IPL 2025 SEASON
The company plans to sell majority stakes in the franchise. This has triggered the interest of a lot of businesses based in Gujarat. These companies are currently planning on making significant investments in the IPL team. This huge investment will help the Adani Group rise above the rumours of the Adani scam. It will also be able to establish itself as a global leader in this business world.
Adani and Torrent Contest for Gujarat Titans’ Ownership Adani Group and Torrent Group are currently in talks with CVC Capital to acquire majority stakes in the Gujarat- based IPL team. CVC is hoping to retain a minority stake. Torrent Group and Adani Group are interested in becoming majority shareholders of the franchise. Gujarat Titans might be up for sale for a value that may fall between 1 billion USD and 1.5 billion USD. CVC Capital purchased the IPL franchise in 2021 for INR 5,625 crore.
Why Invest In An IPL Franchise? IPL franchises have acquired the interests of some of the major investors in India in the past few years. More and more people are acquiring an active interest in this sport with time.
Adani’s Presence In The Sports Sector Adani Sportsline has also made significant investments abroad. It owns a franchise in the UAE International T20 league. CVC has investments in other sports as well such as La Liga, the top division football tournament in Spain, Premiership Rugby, Volleyball World and the Women's Tennis Association. This battle between the companies is expected to grow fierce. However, it is most likely that the Gujarat Giants will get a new owner in the 2025 IPL season.
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