3 Point Analysis | Reliance Jio-Silver Lake Deal : Key Things You Need To Know

American private equity giant Silver Lake Partners has bought 1 percent of Jio Platforms for Rs 5,655.75 crore ($750 million) in a deal that takes Jio's enterprise value to Rs 5.15 lakh crore - a 12.5 premium to the value indicated by Facebook, which bought 9.99 percent of the digital unit of RIL. The deal comes less than two weeks after Facebook spent Rs 43,574 crore ($5.7 billion) to buy a 9.99 percent stake in Jio. That deal valued Jio at Rs 4.62 lakh crore ($65.95 billion). The Facebook-Jio deal was the social media network’s biggest since the $22 billion buyout of WhatsApp in 2014. What is this deal all about? Will this deal help Jio and what are the brokerage houses saying? In this edition of 3 Point Analysis, Moneycontrol's Sakshi Batra answers all these questions.
(Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd)

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[johnsonfernandes]

Word of Advice :- Place the cue cards above the camera so that the reporters eyes are in line with the lens of the camera

[durgasingh]

RIL Marketing continue. Operator and news manager working hard.
Good luck for RIL. Ultimately they do their duty for company and company for the nation.

[godbless]

Tough to digest but the price ultimately will do the talks.

[meetpatel]

Indian economy dubi pdi h ar reliance pesa chaap rha h

[ashutoshsingh]

Money control i give it to You for choosing hottest woman as your anchor. 😍😍