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KKR-Jio Deal: US PE Giant KKR to Invest Rs. 11,367 Crores in Jio Platforms
Reliance Industries on Friday announced the sale of a 2.32 percent stake in its digital unit to US private equity giant KKR for Rs. 11,367 crores, the fifth deal in four weeks that will inject a combined Rs. 78,562 crores in the oil-to-telecom conglomerate to help it pare debt.
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Jio to Get Rs. 11,367 Crores Investment From US-Based PE Firm Vista Equity Partners
Reliance Industries Ltd said Vista Equity Partners would invest Rs. 11,367 crores in its Jio platforms for a 2.32 percent stake. Facebook and Silver Lake have already announced plans to take stakes in Jio.
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Adobe to Buy Marketing Software Firm Marketo for $4.75 Billion
The deal is expected to close in the fourth quarter of Adobe's fiscal 2018 and Marketo Chief Executive Officer Steve Lucas will join the company's senior leadership team.
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KKR-Jio Deal: US PE Giant KKR to Invest Rs. 11,367 Crores in Jio Platforms
Reliance Industries on Friday announced the sale of a 2.32 percent stake in its digital unit to US private equity giant KKR for Rs. 11,367 crores, the fifth deal in four weeks that will inject a combined Rs. 78,562 crores in the oil-to-telecom conglomerate to help it pare debt.
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Jio to Get Rs. 11,367 Crores Investment From US-Based PE Firm Vista Equity Partners
Reliance Industries Ltd said Vista Equity Partners would invest Rs. 11,367 crores in its Jio platforms for a 2.32 percent stake. Facebook and Silver Lake have already announced plans to take stakes in Jio.
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Adobe to Buy Marketing Software Firm Marketo for $4.75 Billion
The deal is expected to close in the fourth quarter of Adobe's fiscal 2018 and Marketo Chief Executive Officer Steve Lucas will join the company's senior leadership team.
