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Qatar sovereign fund in advanced talks with RIL for $1.5 bn investment in JioFiber: Report

Qatar sovereign fund in advanced talks with RIL for $1.5 bn investment in JioFiber: Report
RIL has roped in Citigroup Global Markets, Moelis and Co and ICICI Securities Ltd have as investment bankers for the deal, revealed the Mint report. Mukesh Ambani has already raised over $20 billion via stake sales in Jio Platforms. The company is now looking to monetise its fibre assets held under Jio Digital Fibre.

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July 29, 2020 at 10:56AM
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