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Lakshmi Mittal family and Poonawalla acquire Rajasthan Royals

PRIVATESep 18, 2026about 2 hours ago

Acquiring Company

Westview Cricket Ltd

Acquired Company

Rajasthan Royals (India)

Greater LondonJaipurSportsSports

Description

The Competition Commission of India has approved the acquisition of Rajasthan Royals and two other franchises by Lakshmi Mittal, Aditya Mittal, and Adar Poonawalla. The total transaction value is approximately $1.65 billion. Westview Cricket and Poonawalla Sports will manage the acquisitions, indicating a significant investment in the cricketing landscape. This move aims to enhance their presence in the global sports industry.

Company Information

Company

Westview Cricket Ltd

Location

Greater London, England, United Kingdom

About

Westview Cricket Ltd is a UK-based company owned by the Lakshmi Mittal family. It focuses on sports franchise acquisitions and management. The company plays a significant role in the cricket sports market. This acquisition signifies its expansion in the global cricket scene.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Rajasthan Royals (India)?

Rajasthan Royals (India) was acquired by Westview Cricket Ltd, based in Greater London. The deal was reported on September 18, 2026. Westview Cricket Ltd is a UK-based company owned by the Lakshmi Mittal family. It focuses on sports franchise acquisitions and management. The company plays a significant role in the cricket sports market. Westview Cricket Ltd is privately held and operates in Sports.

When did Westview Cricket Ltd acquire Rajasthan Royals (India)?

Westview Cricket Ltd's acquisition of Rajasthan Royals (India) was reported on September 18, 2026. The Competition Commission of India has approved the acquisition of Rajasthan Royals and two other franchises by Lakshmi Mittal, Aditya Mittal, and Adar Poonawalla. The total transaction value is approximately $1.65 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Rajasthan Royals (India) do?

Rajasthan Royals is a professional cricket franchise based in Jaipur, India. It participates in the Indian Premier League (IPL), a top-tier T20 cricket league. The franchise is known for its strong brand presence and competitive spirit. It is privately held, operating in Sports, and is based in Jaipur.

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