Steel tycoon Lakshmi N. Mittal, his son Aditya Mittal, and vaccine pioneer Adar Poonawalla have successfully acquired a majority stake in the Rajasthan Royals.
The deal is valued at approximately Rs 15,600 crore ($1.65 billion). This massive investment covers the global Royals family, including the flagship IPL team, the Paarl Royals in South Africa, and the Barbados Royals in the Caribbean.
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