CVC Capital Partners

CVC inks strategic partnership with WTA, takes minority stake

Last updated : Mar 09, 2023 19:03

SportzPower Team

Mar 08, 2023 18:03

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The Women’s Tennis Association has entered into a commercial rights partnership with CVC Capital Partners that also entails the private equity giant taking a minority stake in the WTA.

While financial details were not revealed, Sky News reports that CVC would be paying $150 million for a 20% stake in the WTA, with the firm set to establish a new company to oversee broadcasting and marketing operations.

Feb 09, 2022 15:02

CVC names its Ahmedabad IPL team as Gujarat Titans

MUMBAI: The newly minted Ahmedabad franchise of the Indian Premier League sure is taking it slow as far as its brand proposition is concerned. Three days ahead of the IPL mega auction, the CVC Capital Partners-owned team Wednesday revealed its name as the Gujarat Titans, though still without a logo.

Jan 21, 2022 14:01

CVC mandates agency to select name for Ahmedabad IPL team: Report

MUMBAI: CVC Capital Partners, owner of the new Indian Premier League franchise based out of Ahmedabad, has reportedly hired an agency to suggest a suitable name for the team ahead of the 2022 edition of the IPL. Vector agency has been mandated to choose a name based on the "heritage of Gujarat", Cricbuzz reports.

Jan 18, 2022 18:01

Ahead of IPL auction, 2 new IPL teams finalise their '3-picks'

MUMBAI: The two new Indian Premier League franchises - the Ahmedabad team owned by CVC Capital Partners and the Lucknow one acquired by the RP Sanjiv Goenka Group - have reportedly finalised the three players each one is entitled to pick ahead of next months IPL mega auction.

Jan 12, 2022 20:01

BCCI scores Rs128cr 'bonus' from IPL title rights transfer

MUMBAI: That the the transfer of title sponsorship rights for the Indian Premier League for the next two seasons would in no way negatively impact the Board of Control for Cricket in India was always a given.

Dec 23, 2021 13:12

BCCI set to issue LoI to CVC for Ahmedabad IPL franchise

MUMBAI: Better late than never. The dithering by the Board of Control for Cricket in India over issuing a letter of intent to CVC Capital Partners, the global private equity giant that had put in a winning bid for the Indian Premier league's new Ahmedabad franchise, appears to finally be over.

Dec 21, 2021 03:12

Wait gets longer for IPL players auction, media rights ITT dates

MUMBAI: The Board of Control for Cricket in India is caught between a rock and a hard place on l'affaire CVC Capital Partners and the unfortunate fact (for the BCCI) that the global private equity major had put in a winning bid for the Indian Premier league's new Ahmedabad franchise.

Dec 13, 2021 10:12

As BCCI dithers on CVC call, silence on IPL media rights ITT

MUMBAI: The wait gets longer. And yet more timelines set by the Board of Control for Cricket in India are set to come and go.

Nov 30, 2021 18:11

IPL GC expected to clear CVC's A'bad team bid on Dec 3

MUMBAI: So the BCCI is finally done with the dilly-dallying on the "matter" of CVC Capital Partners. As the usually reliable Vijay tagore of Cricbuzz reports, the governing council of the Indian Premier League is expected to give a "formal nod" to CVC for the Ahmedabad franchise, "unless there is an unlikely last minute twist", on December 3.

Nov 29, 2021 09:11

VIEWPOINT: Fresh bids for 10th team fair option if CVC nixed

THE SOLICITOR-GENERAL NO LESS! The BCCI has reportedly referred the CVC Capital Partners "matter" to SGI Tushar Mehta, who represents the board in matters not involving the government of India.

Nov 23, 2021 17:11

CVC, HPS to buy into Authentic Brands at $12.7bn valuation

NEW YORK: Authentic Brands Group (ABG), a global brand development, marketing and entertainment company, Monday announces that funds advised by CVC Capital Partners (CVC) and HPS Investment Partners (HPS) have signed definitive agreements to purchase significant equity stakes in the company from certain current ABG shareholders. The transaction values the company at $12.7 billion in enterprise value.

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