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Reliance Jio In Talks With Investors To Sell 8% Of Individual Stakes In IPO

April 3, 2026
Source: republicworld.com republicworld.com
News Snapshot:
Mukesh Ambani's Reliance Jio Platforms has held talks with 13 marquee foreign investors to sell down 8% of individual stakes in an upcoming Mumbai listing of the telecoms-to-AI company, sources familiar with the matter said. Ambani's ?Jio Platforms, which houses the world's second-largest telecom company by users after China Mobile , is set to file for approval of its IPO in Mumbai as early as this week. Big investors on the list include Meta, with a stake of 9.99%, and Google, with 7.73%, followed by Vista Equity Partners and KKR. Three Gulf sovereign funds, the Public Investment Fund, Mubadala and...
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