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Gujarat Titans owner CVC Capital Partners set to launch IPO

Last updated : Apr 16, 2024 18:04

SportzPower Team

Apr 15, 2024 20:04

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Global buyout firm CVC Capital Partners, the owner of IPL franchise Gujarat Titans, Monday announced plans to launch an initial public offering "in the coming weeks" and list on Euronext Amsterdam.

The IPO is expected to raise a minimum of €1.25 billion, with €250m coming from a mix of new shares as well as the sale of shares by existing shareholders.

Jan 31, 2024 20:01

ISPL co-owners bid combined Rs1,165cr for 6 city teams

MUMBAI: The Indian Street Premier League (ISPL), India’s pioneering tennis ball T10 cricket tournament to be played inside a stadium, Wednesday announced the results of the ‘Invitation to Bid’ for co-owners of the six city teams.

Jan 31, 2024 18:01

'Unable to comment': RIL on Viacom18-Disney merger talks

Reliance Industries Ltd was on Tuesday non-committal on reports of a potential merger between RIL controlled Viacom18 with Disney's India unit.

Jan 30, 2024 18:01

Zee merger termination: NCLT issues notice to Sony

The National Company Law Tribunal (NCLT) on Tuesday accepted a petition by a Zee Entertainment Enterprises Ltd shareholder seeking the merger of ZEE with Culver Max Entertainment Ltd (aka Sony Pictures Network India), which was called off last week despite regulatory approvals, PTI reports.

Jan 30, 2024 17:01

Railway Board CEO Anil Kumar Lahoti named TRAI chairman

This is interesting. Anil Kumar Lahoti, a career bureaucrat who has been with the Indian Railways pretty much throughout his service, has been appointed the chairman of the Telecom Regulatory Authority of India (TRAI) for a period of three years, the Ministry of Personnel, Public Grievances and Pensions has stated.

Jan 29, 2024 19:01

Murugappa Grp's CSR arm expands focus to include sports

AMM Foundation, the CSR arm of the Rs 74,000-crore Murugappa Group, is extending its philanthropic efforts beyond its traditional focus areas of health and education into sports and environmental initiatives in its centenary year.

Jan 27, 2024 17:01

6 EPL teams among top-10 top revenue-generating clubs: Deloitte

The total revenue generated by the top 20 Money League clubs in 2022/23 is a record €10.5 billion, a 14% increase over the previous year and pre-pandemic levels (€9.2bn – in both 2021/22 and 2018/19).

Jan 24, 2024 18:01

ZEE moves NCLT against Sony over merger deal termination

Zee Entertainment Enterprises Ltd (ZEE) has moved the National Company Law Tribunal (NCLT) against Sony's decision to call off the merger of the two media majors, news agency PTI reported, citing an official filing.

Jan 24, 2024 18:01

SPNI will explore 'organic, inorganic possibilities', CEO states

Culver Max Entertainment Ltd (aka Sony Pictures Network India) management is committed to long-term growth in India and the company will "actively explore new organic and inorganic possibilities" to strengthen its presence in the country, managing director and CEO NP Singh has stated.

Jan 24, 2024 17:01

NODWIN acquires Comic Con India at Rs55cr valuation

NODWIN Gaming has acquired Comic Con India, a company famous for hosting multiple pop cultural festivals targeting youth in India. This acquisition not only diversifies NODWIN Gaming's youth portfolio but also marks a strategic expansion in the global entertainment landscape, the company stated in a release.

Jan 23, 2024 18:01

ZEE shares hit lower circuit; institutional shareholders to call EGM

Shares of Zee Entertainment Enterprises Ltd. were locked in a revised lower circuit of 30%, falling to their lowest in over three years, on Tuesday as brokerages downgraded the stock after Sony Group Corp.'s Indian unit terminated the merger agreement. Shares of ZEE nosedived 30.50 percent on January, breaking a series of extended lower circuits through the day and hitting its 52-week low of Rs 152.50.

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