Indian Tycoons buy Rajasthan Royals for $1.65 Billion
Steel magnate Lakshmi Mittal and vaccine billionaire Adar Poonawalla have teamed up to acquire the Rajasthan Royals cricket team in a deal valued at $1.65 billion. The transaction is expected to close in the third quarter of 2026. Under the agreement, the Mittal family will purchase a 75% majority stake, while Poonawalla will take an…
