Reliance Industries Set to Acquire 49% Stake in Oval Invincibles
Mumbai Indians’ owners, Reliance Industries Limited (RIL), are set to buy a 49% stake in Oval Invincibles after securing the deal in a virtual auction held on Thursday afternoon. The acquisition strengthens RIL’s growing presence in global cricket leagues, expanding their footprint beyond the Indian Premier League (IPL), SA20, and Major League Cricket (MLC). RIL,…