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5 key points to know about Mubadala-Reliance Jio deal

Mubadala’s investment will translate into a 1.85 percent equity stake in Jio Platforms on a fully diluted basis.

June 05, 2020 / 11:48 AM IST

Abu Dhabi sovereign fund Mubadala Investment Company has invested Rs 9,093.6 crore in Jio Platforms in exchange for 1.85 percent, the sixth investment in the RIL digital unit in as many weeks.

Here are five key things to know about this deal:

>> The Abu Dhabi-based sovereign investor, will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

>> Mubadala’s investment will translate into a 1.85 percent equity stake in Jio Platforms on a fully diluted basis.