This transaction values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. This is KKR’s largest investment in Asia and will translate into a 2.32% equity stake in Jio Platforms on a fully diluted basis. … [Read more...] about Private equity firm KKR to invest Rs 11,367 crore in Reliance Jio for 2.32% stake
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KKR-Jio Platforms deal: 5 key things to know
> The transaction is subject to regulatory and other customary approvals in India. KKR has a history of investing in businesses in the technology sector, including BMC Software, ByteDance and GoJek through its private equity and technology growth funds. It has invested in India since 2006. … [Read more...] about KKR-Jio Platforms deal: 5 key things to know
Reliance Jio: Abu Dhabi Investment Authority new investor in Jio Platforms as RIL unit raises total of nearly Rs 1 lakh crore
In April 2019, ADIA and India’s National Investment and Infrastructure Fund (NIIF) agreed to buy a 49 percent stake in the airport unit of Indian conglomerate GVK Power & Infrastructure. It invested another $495 million in renewable energy firm Greenko Energy Holdings, which runs wind, solar and hydro projects, in 2019. ADIA was also a leading investor in Bandhan Bank’s IPO. … [Read more...] about Reliance Jio: Abu Dhabi Investment Authority new investor in Jio Platforms as RIL unit raises total of nearly Rs 1 lakh crore
Abu Dhabi fund Mubadala to invest Rs 9,093 crore in Jio, 6th mega deal in 6 weeks for RIL unit
Mubadala typically makes investments in enterprises that create lasting value and positive economic and social impact in communities at home and overseas, according to its website. Its portfolio companies are spread in sectors such as aerospace, agribusiness, ICT, semiconductors, metals and mining, pharmaceutical and medical technology, renewable energy and utilities. It also manages diverse financial holdings. … [Read more...] about Abu Dhabi fund Mubadala to invest Rs 9,093 crore in Jio, 6th mega deal in 6 weeks for RIL unit