India's Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit
Global Economy
07 June, 2020, 08:25 pm
Last modified: 07 June, 2020, 09:00 pm
Reliance has now sold 21 percent of Jio Platforms to investors including Facebook Inc, securing around $13 billion in less than seven weeks
Indian oil-to-telecoms giant Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16 percent of its digital unit Jio Platforms for 56.83 billion rupees ($752 million).
Reliance has now sold 21 percent of Jio Platforms to investors including Facebook Inc, securing around $13 billion in less than seven weeks.
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