NIFTY 50

Abu Dhabi Investment Authority to invest Rs 5,684 crore in Jio Platforms for 1.16% stake

Updated : June 08, 2020 06:16 AM IST

The ADIA deal values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.
Abu Dhabi Investment Authority is a sovereign wealth fund of the Abu Dhabi emirate of the United Arab Emirates.
Early Friday, Mubadala, which is also owned by Abu Dhabi, had announced a Rs 9,093.60 crore investment for a 1.85 percent stake.

You May Also Like

Live TV