Lakshmi Mittal

‘Deeply disappointed’: Khar Somani-led consortium reacts to Rajasthan Royals sale

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'Deeply disappointed': Khar Somani-led consortium reacts to Rajasthan Royals sale

File photo of IPL franchise Rajasthan Royals. majority stake rajasthan royals Acquired by industrialist Lakshmi N. Mittal and his son Aditya Mittal Adar Poonawalla The deal is worth $1.65 billion. The deal represents the enterprise value of the Royals men’s team and associated teams Paarl Royals and Barbados Royals. The transaction still needs to meet … Read more

Mittal Family and Adar Poonawala acquire RR for about $1.65 billion

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Mittal Family and Adar Poonawala acquire RR for about $1.65 billion

File photo of IPL franchise Rajasthan Royals. A consortium of Lakshmi N Mittal, Aditya Mittal and Adar Pooonawala has acquired intense pulsed light franchise rajasthan royals The company acquired its sister entities (Paarl Royals and Barbados Royals) for about $1.65 billion, TOI has learned. A press release is expected soon.Subject to regulatory clearances including BCCI, … Read more