Tag Archives: 750m

After FB, US firm to pay $ 750m for 1.2% stake in Jio

[ad_1] MUMBAI: Following Facebook, US-based private equity firm Silver Lake will pay Rs 5.656 crore ($ 750 million) to acquire 1.15% in the digital and telecommunications unit of Reliance Industries (RIL). The Jio Platforms deal, Silver Lake’s largest investment in India, will help RIL accelerate its debt reduction plans. The …

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