PTI
New Delhi |
Published 12.07.20, 02:12 AM
After Facebook Inc, Reliance Industries has closed deals to sell a minority stake in its digital arm to four other investors, receiving a total of over Rs 30,062 crore.
In a regulatory filing, RIL said it had closed the sale of a 6.13 per cent stake in Jio Platforms with L Catterton, Public Investment Fund, Silver Lake and General Atlantic.
Reliance had sold a total of a 25.09 per cent stake in the subsidiary to 11 investors for Rs 1,17,588.45 crore. Earlier this week, it had closed the deal with the biggest investor Facebook when it received Rs 43,574 crore from its subsidiary Jaadhu Holdings.