Grapevine: Torrent may buy into CVC-backed Gujarat Titan; Alkem gets PE suitors

By Sreeja Biswas

  • 13 Sep 2024
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Credit: Reuters

Ahmedabad-based Torrent Group has reached an informal agreement with CVC Capital Partners to acquire a majority stake in Indian Premier League (IPL) franchise Gujarat Titans after the ownership lock-in period ends in February 2025, a media report said.     Gautam Adani's Adani Group, initially a contender, has reportedly withdrawn from the race, The Economic Times reported, ......

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