Thursday, May 7, 2020

Reliance strikes third unit stake deal, raising $8 billion in two weeks

India's Reliance Industries Ltd on Friday announced a $1.5 billion stake sale in its digital unit Jio Platforms, a third deal in little over two weeks that will inject a combined $8 billion in the telecoms-to-energy group to help it pare debt.


from Reuters: Technology News https://ift.tt/3bg1M8W

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