Reliance Jio has announced that Mubadala, a leading Abu Dhabi-based sovereign investor, will invest Rs. 9,093.60 crore in Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. Mubadala’s investment will translate into a 1.85% equity stake in Jio Platforms on a fully diluted basis. … Continue reading "Jio Platforms to raise Rs. 9093.60 Crore from Mubadala, additional Rs. 4546.80 crore from Silver Lake and co-investors"
Saturday, 6 June 2020
Jio Platforms to raise Rs. 9093.60 Crore from Mubadala, additional Rs. 4546.80 crore from Silver Lake and co-investors
Reliance Jio has announced that Mubadala, a leading Abu Dhabi-based sovereign investor, will invest Rs. 9,093.60 crore in Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. Mubadala’s investment will translate into a 1.85% equity stake in Jio Platforms on a fully diluted basis. … Continue reading "Jio Platforms to raise Rs. 9093.60 Crore from Mubadala, additional Rs. 4546.80 crore from Silver Lake and co-investors"
