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Intel Pays $253.4M Into Jio Platforms For A 0.39 Pct Stake

July 06, 2020
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Intel Pays $253.4M Into Jio Platforms For A 0.39 Pct Stake

July 06, 2020
Intel Capital Corp. wants a piece of Jio Platforms, India’s largest mobile network operator, LiveMint.com reported. The investment division of Intel plans to invest $253 million for a 0.39 percent stake in the company, becoming the 11th financial services company to invest in the digital services business of Reliance Industries Ltd. (RIL) in 90 days. “Jio […]