Lakshmi N Mittal and Aditya Mittal are set to acquire Rajasthan Royals in partnership with Adar Poonawalla The deal is valued at USD 1.65 billion including Rajasthan Royals, Paarl Royals, and Barbados Royals Mittal family will hold approximately 75% stake; Poonawalla 18%, existing investors 7%