Mittal family acquires Rajasthan Royals for $1.65 billion in partnership with Adar Poonawalla

In addition to the IPL team, Rajasthan Royals also owns Paarl Royals in South Africa and Barbados Royals in the Caribbean. The transaction consideration is approximately US$1.65 billion and represents the enterprise value of Rajasthan Royals’ men’s franchise, Paarl Royals and Barbados Royals.

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