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Hamad Shahwan Aldhaheri

Hamad Shahwan Aldhaheri latest

India: Jio Platforms Sells $750 Million Stake to ADIA
June 9th, 2020 - 11:30 GMT

India: Jio Platforms Sells $750 Million Stake to ADIA

A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has reached an agreement to acquire a 1.16% stake in the digital services unit Jio Platforms of India’s Reliance Industries for approximately $750 million. Jio Platforms is a next-generation technology platform focused on providing high quality and affordable digital services across India, with more than 388 million subscribers. The acquisition is the latest principal investment by ADIA’s Private Equities ...
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