Current Affairs - Miscellaneous - Discussion

Discussion :: Miscellaneous - Latest Current Affairs (Q.No.218)

218. 

Which Abu Dhabi-based company is all set to buy 1.85% stake in jio Platforms, a wholly-owned subsidiary of Reliance Industries, for Rs 9,093.60 crore?

[A]. Mubadala
[B]. Rotana
[C]. ESNAAD
[D]. Zakum Development Company

Answer: Option A

Explanation:

The Abu Dhabi-based sovereign investor, Mubadala is all set to buy 1.85% stake in jio Platforms, a wholly-owned subsidiary of Reliance Industries, for Rs 9,093.60 crore. The investment from Mubadala comes in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.