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