Private equity firm Vista Equity Partners will invest Rs 11,367 crore in Jio Platforms for a 2.32% stake, the third deal after Facebook and Silver Lake’s share acquisition plans over the last two weeks.
“This investment values Jio Platforms at an equity value of Rs4.91 lakh crore and an enterprise value of Rs5.16 lakh crore,” Reliance Industries said in a statement on Friday. (ET Telecom, May 8)
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May 12, 2020
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