JSW-GMR joint venture buys 2 cricket franchises for over ₹400 cr

JSW GMR Cricket, which owns the Delhi franchise in the Indian Premier League (IPL) and Women's Premier League (WPL), has agreed to pay over ₹400 crore for buying controlling stakes in the two franchises, one of the sources said. SA20 and ILT20 are IPL-style franchise-based twenty20 leagues launched by the South African and United Arab Emirates (UAE) cricket boards, respectively.
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