Rajasthan Royals Sale Facing Legal Trouble After Rs 15,600 Crore Deal? Report Makes Big Claim

Rajasthan Royals Sale Facing Legal Trouble After Rs 15,600 Crore Deal? Report Makes Big Claim

Lakshmi N. Mittal and his son Aditya Mittal, along with Adar Poonawalla, acquired a majority stake in IPL franchise Rajasthan Royals for USD 1.65 billion (approximately Rs 15,600 crore) after the Kal Somani-led consortium pulled out of the race.

Rajasthan Royals Sale In Trouble? Kal Somani Consortium Might Give '$1.63 Billion' Legal Fight

RR Sale: The sale of the Rajasthan Royals faces a legal challenge from the Kal Somani group. Read the details on the $1.63 billion bid collapse and the potentially upcoming litigation.

Mittal acquires IPL's Royals in $1.63bn deal after Somani bid falls through

The Rajasthan Royals cricket franchise of the elite Indian Premier League has been acquired by the Mittal family, led by billionaire Lakshmi Mittal, and businessman Adar Poonawalla.

Mittal-Poonawalla Consortium Set to Buy Rajasthan Royals

A CONSORTIUM led by steel billionaire Lakshmi Mittal and vaccine tycoon Adar Poonawalla has agreed to acquire Indian Premier League franchise Rajasthan Royals in a deal valuing the team at $1.65 billion, a statement said.Mittal will hold about 75 per cent of the franchise along with his family, while Poonawalla is set to own around 18 per cent, the statement issued by the consortium said. Existing investors, including Manoj Badale, will retain a…

Lakshmi Mittal, Adar Poonawalla Seal $1.65 Billion Rajasthan Royals IPL Deal

Lakshmi N Mittal and Adar Poonawalla lead a $1.65 billion deal for IPL franchise Rajasthan Royals, marking a major investment in cricket’s richest global league.