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CVC Capital Partners has abandoned its plan to acquire a stake in ICG’s PSB Academy, according to a report by DealStreetAsia.

CVC Capital Partners has abandoned its plan to acquire a stake in ICG’s PSB Academy, according to a report by DealStreetAsia.

by Team Small News | Aug 15, 2025 | Punjab and Sind Bank

CVC Capital Partners, a global private equity firm, has dropped its plan to invest in PSB Academy, a Singapore-based education provider owned by Intermediate Capital Group (ICG). The deal, which was reportedly worth around SGD 200 million (USD 147 million), was first...
CVC Capital Partners has abandoned its plan to acquire a stake in ICG’s PSB Academy, according to a report by DealStreetAsia.

PSB implements rigorous 2025 funding guidelines to ensure transparent and results-driven financial backing

by Team Small News | Jul 31, 2025 | Punjab and Sind Bank

The Pakistan Sports Board (PSB) has introduced the “Sports Funding Regulations 2025”, a new framework aimed at ensuring transparent and merit-based financial support to national sports federations. The regulations, which came into effect immediately,...
CVC Capital Partners has abandoned its plan to acquire a stake in ICG’s PSB Academy, according to a report by DealStreetAsia.

Strict regulations are now in place by the PSB to prevent age cheating in junior competitions

by Team Small News | Jul 22, 2025 | Punjab and Sind Bank

The Pakistan Sports Board (PSB) has taken a strong stance against age fraud in junior-level sports events, introducing new measures to ensure the integrity of sports competitions. As per a recent notification, athletes under 21 participating in junior events must...
CVC Capital Partners has abandoned its plan to acquire a stake in ICG’s PSB Academy, according to a report by DealStreetAsia.

Pakistan’s Under-16 Volleyball Team to be Honored with Rs8.2 Million Cash Prize from PSB

by Team Small News | Jul 21, 2025 | Punjab and Sind Bank

The Pakistan Sports Board (PSB) has announced a total cash prize of Rs8.2 million for the country’s U-16 men’s volleyball team, which won the gold medal at the Asian U-16 Volleyball Championship in Thailand. The team’s historic victory was a...
CVC Capital Partners has abandoned its plan to acquire a stake in ICG’s PSB Academy, according to a report by DealStreetAsia.

Alamgir Sheikh ousted as PSB Board member, replaced by Alpine Club President

by Team Small News | Jul 6, 2025 | Punjab and Sind Bank

Alamgir Sheikh, the former President of the Pakistan Billiards and Snooker Federation, has been removed from the Pakistan Sports Board (PSB) after completing his two constitutional terms. According to the Pakistan Sports Policy 2005, office-bearers are restricted to...
CVC Capital Partners has abandoned its plan to acquire a stake in ICG’s PSB Academy, according to a report by DealStreetAsia.

PSB to Launch Crackdown on Corrupt Officials

by Team Small News | Jul 6, 2025 | Punjab and Sind Bank

The Pakistan Sports Board (PSB) has taken action against sports federation officials who have exceeded the permissible two-term limit, as stated in the National Sports Policy 2005. The policy, which was upheld by the Supreme Court of Pakistan, limits the tenure of any...
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