Majority stake sale in IPL team Rajasthan Royals in play; The Raine Group roped in as advisor
Badale's Emerging Media Ventures holds around 65 per cent stake in the franchise as per reports, with minority investors including American investment management firm RedBird Capital Partners (around 15 per cent stake) and Fox Corporation's Lachlan Murdoch, among others.
Badale's Emerging Media Ventures holds around 65 per cent stake in the franchise as per reports, with minority investors including American investment management firm RedBird Capital Partners (around 15 per cent stake) and Fox Corporation's Lachlan Murdoch, among others.
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