Laxmi Mittal’s Rajasthan Royals deal sparks a shareholder feud in UK

Billionaire Lakshmi Mittal's acquisition of IPL franchise Rajasthan Royals has triggered a London lawsuit after minority shareholders alleged they are being forced to surrender shares worth about $50 million for just £1. The shareholders deny misconduct allegations by Emerging Media Ventures and seek to block the transfer of their stake pending the sale.

Raccontata daeconomictimes.indiatimes.com