Facebook to Acquire $5.7bn Stake in Reliance Jio
Facebook to Acquire $5.7bn Stake in India's Reliance Jio By Sebastian Moss, Data Centre Dynamics April 22, 2020 Facebook plans to acquire a 9.99 percent equity stake in Jio Platforms, the holding company of telecom Reliance Jio Infocomm. The INR 435.7 billion ($5.7 billion) deal allows the social media and advertising company to increase its [...]