KKR to invest $1.5 billion in India’s Reliance Jio Platforms

Billionaire Mukesh Ambani’s Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major deal the top Indian telecom operator has secured in just as many weeks. On Friday, KKR announced it will invest $1.5 billion in the top Indian telecom operator, a subsidiary of India’s … Continue reading KKR to invest $1.5 billion in India’s Reliance Jio Platforms