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Reliance Jio Platforms to sell 1.85% stake to Abu Dhabi based investor Mubadala

India’s leading tech giant, Reliance Jio Platforms will sell 1.85 percent of its stake to an Abu Dhabi-based investor, Mubadala Investment Company for Rs. 9093.6 crore. Reliance Jio has grown its investors’ list with companies like Facebook, Silver Lake, Vista Equity Partners, KKR and now Mubadala, within a time span of six weeks. Mudabala’s investment in RIL’s Jio Platforms has an equity value of Rs 4.91 lakh crore with an enterprise value of Rs 5.16 lakh crore.

Read More – Hindustan Times | Tech Crunch | Indian Express

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