Moneycontrol PRO
Upcoming Event:Attend Algo Convention Live, 2 Days & 12+ Speakers at best offer Rs.999/-, exclusive for Moneycontrol Pro subscribers. Register now!
you are here: HomeNewsBusiness

Jio-Mubadala deal | Here is a factbox of Jio Platforms' seven deals

Jio Platforms has received a total investment of Rs 92,202.15 crore from the seven transactions,

June 05, 2020 / 11:10 PM IST

Abu Dhabi-based Mubadala Investment Company has invested Rs 9,093.60 crore into Jio Platforms for a 1.85 percent stake in the company.

Jio Platforms is the telecom unit of billionaire Mukesh Ambani's Reliance Industries (RIL).

Also read: 5 key points to know about Mubadala-Reliance Jio deal

Jio Platforms has received a total investment of Rs 92,202.15 crore from the seven transactions.

Here's a summary of the seven investments Jio Platforms has received recently:



Facebook-Jio deal

The California-based company invested $5.7 billion (Rs 43,574 crore) into Jio Platforms for a 9.9 percent stake in the company.

The transaction, announced on April 22, is the largest of the six investments. It was also Facebook's biggest bet since it acquired messaging platform WhatsApp in 2014.

The deal also made Facebook the largest minority shareholder of Jio Platforms.

Jio-Silver Lake deal

Silver Lake Partners bought a 1.15 percent stake in Jio Platforms for Rs 5,655.75 crore ($750 million).

Jio-Vista deal

Vista Equity Partners bought a 2.32 percent stake in Jio Platforms for Rs 11,367 crore.

Jio-General Atlantic deal

Private equity firm General Atlantic picked up a 1.34 percent stake in Jio Platforms for 6,598.38 crore.

Jio-KKR deal

KKR acquired a 2.32 percent stake in Jio Platforms for Rs 11,367 crore, similar to the deal made with Vista Equity Partners.

Jio-Mubadala deal

The deal with the Abu Dhabi-based sovereign investor, announced on June 5, valued Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Jio-Silver Lake deal 2.0

Silver Lake will invest an additional Rs 4,546.8 crore in Jio Platforms for 0.93 percent stake. The aggregate investment by Silver Lake is now Rs 10,202.55 crore for a 2.08 percent stake in Jio Platforms.

Disclaimer: Reliance Industries (RIL) is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd

Download your money calendar for 2022-23 here and keep your dates with your moneybox, investments, taxes

Moneycontrol News
first published: Jun 5, 2020 08:48 am
ISO 27001 - BSI Assurance Mark