Jio Platforms Ltd. is said to have chosen Morgan Stanley and Goldman Sachs to lead its blockbuster IPO that would peg the valuation of India’s largest telecom operatort at $133-182 billion. The Jio Platforms IPO is likely to an even split of new shares and those offloaded by existing private-equity shareholders. (Bloomberg) The digital unit […]
Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries Ltd.’s wireless carrier. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, […]
