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

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

Reuters India

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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 (959.6 million pounds).

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