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Financial Engineering Behind RIL Portfolio Rejig — JIO Platforms (EV-70 Bn), RIL Retail ( EV-65…

Financial Engineering Behind RIL Portfolio Rejig — JIO Platforms (EV-70 Bn), RIL Retail ( EV-65 Bn) and RIL O2C (EV-65 Bn)

JIO Platforms

RIL’s dealmaking and financial engineering lured about $20 billion of investments from Google to Facebook Inc. and others into its digital JIO Platforms in recent months by divesting nearly 33 per cent stake in Jio Platforms to an eclectic mix of 13 investors....

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