Reliance Industries Closes Deal With 4 Investors to Sell Minority Stake in Jio Platform, Receiving Rs 30,062 Cr

After Facebook Inc, Reliance Industries has closed deals to sell a minority stake in its digital arm to four other investors, receiving a total of over Rs 30,062 crore. In a regulatory filing, Reliance said it has closed sale of 6.13 per cent stake in Jio Platforms with L Catterton, The Public Investment Fund, Silver Lake and General Atlantic.

Posted: 2020-07-11 07:23:00

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