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Abu Dhabi's Mubadala to invest $1.2 billion in Reliance's Jio Platforms

Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Friday that Abu Dhabi state fund Mubadala Investment Co will buy a 1.85% stake in its digital unit, Jio Platforms, for 90.93 billion rupees ($1.21 billion). [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: Platforms, billion, Mubadala, billion), rupees, digital, stake, Investment, state, Dhabi, Industries, Reliance, conglomerate, oil-to-telecoms, Indian, Reliance's, invest, Dhabi's

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/CAUHR3zUn0M/abu-dhabis-mubadala-to-invest-1-2-billion-in-reliances-jio-platforms-idUSKBN23B3A0