Reliance Industries today announced that Abu Dhabi Investment Authority (“ADIA”), globally-diversified investment institution will invest Rs. 5,683.50 crore in Jio Platforms. This investment values Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. ADIA ’s investment will translate into a 1.16% equity stake in … Continue reading "ADIA to invest 5683.50 crore in Jio Platforms for 1.16% stake"
Sunday, 7 June 2020
ADIA to invest 5683.50 crore in Jio Platforms for 1.16% stake
Reliance Industries today announced that Abu Dhabi Investment Authority (“ADIA”), globally-diversified investment institution will invest Rs. 5,683.50 crore in Jio Platforms. This investment values Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. ADIA ’s investment will translate into a 1.16% equity stake in … Continue reading "ADIA to invest 5683.50 crore in Jio Platforms for 1.16% stake"
