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Mubadala to invest INR 90.93 billion for 1.85% equity stake in Jio Platforms

Friday 5 June 2020 | 09:38 CET | News
Reliance Industries and Jio Platforms have announced that Abu Dhabi-based investor Mubadala will invest INR 90.93 billion in Jio Platforms at an equity value of INR 4.91 trillion and an enterprise value of INR 5.16 trillion. Mubadala's investment will translate into a 1.85 percent equity stake in Jio Platforms on a fully diluted basis.

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Categories: Mobile & Wireless
Companies: Reliance Industries
Countries: India
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