large scale image
LCP Image

Back to TSCFM News

Vista Equity partners with India’s Reliance Jio platform

May 08, 2020

Vista Equity partners with India’s Reliance Jio platform

Vista Equity Partners stated it’s going to invest $1.5 billion in Reliance Jio Platforms, becoming a member of social conglomerate Facebook and Silver Lake that have also made investments in Reliance in the last few weeks.

In the last few weeks, Reliance Jio Platforms has introduced plans to sell about 13.4% stake in Facebook, non-public equity company Silver Lake, and Vista Equity Partners for about $8 billion.

The planned announcement, which would supply the U.S.-situated software program-targeted buyout firm Vista Equity Partners a 2.32% stake in Jio Platforms, values India’s pinnacle telecom operator at $65 the equal valuation implied by way of the Silver Lake investment and a 12.5 % premium over Facebook’s deal.

Important Links:

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services
Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices
Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices
Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

Enquire Now
REQUEST A CALLBACK
Chat on WhatsApp