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India's Reliance strikes third unit stake deal, raising $8 billion in two weeks

India's Reliance strikes third unit stake deal, raising $8 billion in two weeks

4 years ago
Anonymous $pSba0tWIcA

https://www.reuters.com/article/us-reliance-jio-vista-equity-partners-eq/indias-reliance-strikes-third-unit-stake-deal-raising-8-billion-in-two-weeks-idUSKBN22K06V

India's Reliance Industries Ltd on Friday announced a $1.5 billion stake sale in its digital unit Jio Platforms, a third deal in little over two weeks that will inject a combined $8 billion in the telecoms-to-energy group to help it pare debt.

India's Reliance strikes third unit stake deal, raising $8 billion in two weeks

May 8, 2020, 5:21am UTC
https://www.reuters.com/article/us-reliance-jio-vista-equity-partners-eq/indias-reliance-strikes-third-unit-stake-deal-raising-8-billion-in-two-weeks-idUSKBN22K06V >India's Reliance Industries Ltd on Friday announced a $1.5 billion stake sale in its digital unit Jio Platforms, a third deal in little over two weeks that will inject a combined $8 billion in the telecoms-to-energy group to help it pare debt.