Torrent Group, valued at ₹41,000 crore, to buy GT

Ahmedabad-headquartered business conglomerate Torrent Group is set to buy a majority stake in IPL 2022 champions Gujarat Titans (GT). Torrent is likely to buy a 67% stake in GT from CVC Capital Partners (Irelia Company Pte Ltd), who bought the franchise in 2021, ESPNcricinfo reported. Torrent Group has a valuation of about ₹41,000 crore.

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