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

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. [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: billion, weeks, stake, third, Reliance, India's, group, telecoms-to-energy, combined, inject, little, Platforms, digital, announced, Industries, raising, strikes

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/mSbHT4F7TDU/indias-reliance-strikes-third-unit-stake-deal-raising-8-billion-in-two-weeks-idUSKBN22K06V