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BCCI reviewing CVC’s bid for Indian Premier League team over betting industry links

(Photo by Robert Cianflone/Getty Images)

The successful bid by CVC Capital Partners to acquire an Indian Premier League team is under scrutiny over the private equity company's links to the betting industry.

The Board of Control for Cricket in India, which oversees the IPL, is reported to be setting up a panel to assess the matter. However, some Indian media reports do not expect the issue to undermine CVC's bid and say the deal will be given the green light this week.

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