Lakshmi Mittal family in partnership with Adar Poonawalla set to acquire controlling stake in Rajasthan Royals
The family of steel billionaire Lakshmi N. Mittal in partnership with Adar Poonawalla is set to acquire a controlling stake in IPL franchise Rajasthan Royals. The transaction consideration of about $1.65 billion represents the enterprise value of Rajasthan Royals' men's franchise, Paarl Royals in South Africa and Barbados Royals in the Caribbean. "Lakshmi N. Mittal and Aditya Mittal today announced…
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