Fifth deal! KKR to buy 2.32% stake in Jio Platforms for $1.5 billion

Fifth deal! KKR to buy 2.32% stake in Jio Platforms for $1.5 billion

Global investment firm KKR will pick up a 2.32% stake in Jio Platforms for Rs 11,367 crore ($1.5 billion), making this its largest investment in Asia. RIL’s net debt currently stands at Rs 1.6 lakh crore. KKR is making the investment from its Asia private equity and growth technology funds.

Read more at 
The Financial Express

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