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KKR to acquire 2.32% stake in Reliance jio platforms for Rs 11,367 cr

KKR, the global investment firm based in New York, will invest Rs 11,367 crore into Jio platforms, which is the largest investment in Asia, said the Reliance Industries Limited (RIL) on Friday. "Reliance Industries Limited and Jio Platforms Limited announced today that KKR will invest Rs 11,367 crore into Jio Platforms. This transaction values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore," RIL said in a statement.
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