19 Jun, 2013
The Leela Palace, Bengaluru
Home >> M & A >>
Thursday, October 25, 2012 - 15:26 IST
Sun TV Network is new owner of Hyderabad IPL team franchise, bid $80M for first 5 years
BY Diksha Dutta
Two weeks ago the team franchise owned by Deccan Chronicle was sold to Mumbai-based realty firm Kamla Landmarc, but BCCI terminated the franchise.
Kalanithi Maran-led media house Sun Television Network has won the bid for the franchisee rights for Hyderabad team of the domestic T-20 club tournament Indian Premier League (IPL) for Rs 85.05 crore ($16 million) per year. The Board...
To continue reading this article, you must be a Premium subscriber...
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.
JOBS
- Associate - Red Fort Capital Advisors Pvt Ltd
- The Private Equity Associate - Nereus Capital
RECENT COMMENTS
- 24 May 2013Nishamt K SinghonRenuka is truly a veteran in the indian PE industry. I completely agree that flexibility ensures the best returns for...
- 23 May 2013Murali ApparajuonInteresting surmises! What makes the takeaways less validated however is the lack of disclosure or at least a...
- 23 May 2013VaradhaonPhoenix LP's are managing your money and my money - so they ought to maintain an arm's length and review...
- 21 May 2013PhoenixonWell said Varadha. This comment of your is unclear, " LPs ought to maintain an arm's distance from GPs and...
UPCOMING EVENTSchinetwork