Deccan Chargers eyes $250 million valuation for selling the franchise

Deccan Chronicle Holdings Ltd. has mandated KPMG Corporate Finance to find a buyer for Deccan Chargers, the Indian Premier League (IPL) franchise for Hyderabad team. The company is looking at a valuation of $250 million and is prepared to exit. “We are willing to dilute our stake completely if we get the right valuation. We [...]