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| Name | 3 Point Analysis | Reliance Jio-Silver Lake Deal : Key Things You Need To Know |
| Video Uploader | Video From moneycontrol |
| Upload Date | This Video Uploaded At 04-05-2020 10:16:24 |
| Video Discription | American private equity giant Silver Lake Partners has bought 1 percent of Jio Platforms for Rs 5,655.75 crore ($750 million) in a deal that takes Jio's enterprise value to Rs 5.15 lakh crore - a 12.5 premium to the value indicated by Facebook, which bought 9.99 percent of the digital unit of RIL. The deal comes less than two weeks after Facebook spent Rs 43,574 crore ($5.7 billion) to buy a 9.99 percent stake in Jio. That deal valued Jio at Rs 4.62 lakh crore ($65.95 billion). The Facebook-Jio deal was the social media network’s biggest since the $22 billion buyout of WhatsApp in 2014. What is this deal all about? Will this deal help Jio and what are the brokerage houses saying? In this edition of 3 Point Analysis, Moneycontrol's Sakshi Batra answers all these questions. (Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd) Follow us: Website: https://www.moneycontrol.com/ Facebook: https://www.facebook.com/moneycontrol/ Twitter: http://www.twitter.com/moneycontrolcom Instagram: https://www.instagram.com/moneycontrolcom/ #moneycontrol |
| Category | News & Politics |
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