Acquiring Company
Westview Cricket Ltd
Acquired Company
Rajasthan Royals (India)
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.
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Based on deal dataFrequently 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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