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June 13, 2020 03:32 pm GMT

Indias Reliance Jio Platforms to sell $600 million stake to TPG

American private equity firm TPG will invest $600 million in Jio Platforms, joining a roster of high-profile investors including Facebook and Silver Lake that have backed India’s top telecom operator at the height of a global pandemic. TPG said it is acquiring a 0.93% stake in Jio Platforms, giving the Indian firm a valuation of […]

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