Abu Dhabi-based sovereign investor Mubadala Investment Company is investing ₹9,093.60 crore in Jio Platforms to buy 1.85% stake..AZB & Partners acted for Jio Platforms and the team was led by Partners Ashwath Rau and Nilanjana Singh.Davis Polk & Wardwell acted as international legal counsel for Jio Platforms with a team led by Partner Jeffrey O’Brien..Nishith Desai Associates advised Mubadala and the team was led by Delhi Office Head and Partner, Pratibha Jain, Senior Leader and Bangalore Office Co-Head Parag Srivastava and Senior Associate Atikant Kaur. Partner Rajesh Simhan and Leader Ashish Sodhani advised on tax aspects. They were supported by due diligence team of Sindhu Sambrani, Jaideep Reddy, Inika Charles and Jyoti Gautam. Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates with a team of Senior Partner Jonathan Stone and Partner Rajeev Duggal, Counsel Parveet Gandoak and Associate In Ho Kim acted as foreign counsel to Mubadala..Silver Lake and co-investors is investing another Rs 4,546.8 crore in Jio Platforms, the second investment by the private equity giant in the Reliance Industries digital unit. Shardul Amarchand Mangaldas & Co acted for Silver Lake and AZB & Partners for Jio Platforms..Earlier, Facebook, Silver Lake, Vista Equity Partners, General Atlantic and KKR invested in Jio Platforms. In all the deals, AZB & Partners has acted for Jio Platforms and Shardul Amarchand Mangaldas for all the investors..US social media major Facebook invested Rs. 43,574 crore (USD 5.7 billion) into Jio Platforms for a 9.99% stake..SAM, AZB, Hogan, Davis Polk lead on Facebook 43,574 crores investment in Jio Platforms.Private Equity firm Silver Lake in the first round had invested Rs. 5,656 crores ($746.74 million) in Jio Platforms.After 43k crore Facebook investment, PE Silver Lake invests 5,656 crore in Jio Platforms as AZB, SAM lead.Private equity firm Vista Equity Partners has invested Rs. 11,367 crore for a 2.32% stake in Jio Platforms..Hat-Trick: AZB, SAM act on third investment in Jio Platforms with Vista Equity Partners picking 2.32% stake for Rs 11,367 crore.General Atlantic, US investment firm, will be investing ₹6,598.38 crore in Reliance owned Jio Platforms for 1.34% stake..AZB, SAM, Davis Polk, Paul Weiss on Reliance Jio - General Atlantic Deal: Raises 6,600 crore for 1.34%.KKR, the global investment firm based in New York, is the fifth investor to invest Rs. 11,367 crores in Jio Platforms, the digital subsidiary of Reliance Industries Ltd for a 2.32% stake..Round Five: AZB, SAM, Davis Polk, Simpson Thacher lead on KKR Rs. 11,367 crores investment in Jio Platforms
Abu Dhabi-based sovereign investor Mubadala Investment Company is investing ₹9,093.60 crore in Jio Platforms to buy 1.85% stake..AZB & Partners acted for Jio Platforms and the team was led by Partners Ashwath Rau and Nilanjana Singh.Davis Polk & Wardwell acted as international legal counsel for Jio Platforms with a team led by Partner Jeffrey O’Brien..Nishith Desai Associates advised Mubadala and the team was led by Delhi Office Head and Partner, Pratibha Jain, Senior Leader and Bangalore Office Co-Head Parag Srivastava and Senior Associate Atikant Kaur. Partner Rajesh Simhan and Leader Ashish Sodhani advised on tax aspects. They were supported by due diligence team of Sindhu Sambrani, Jaideep Reddy, Inika Charles and Jyoti Gautam. Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates with a team of Senior Partner Jonathan Stone and Partner Rajeev Duggal, Counsel Parveet Gandoak and Associate In Ho Kim acted as foreign counsel to Mubadala..Silver Lake and co-investors is investing another Rs 4,546.8 crore in Jio Platforms, the second investment by the private equity giant in the Reliance Industries digital unit. Shardul Amarchand Mangaldas & Co acted for Silver Lake and AZB & Partners for Jio Platforms..Earlier, Facebook, Silver Lake, Vista Equity Partners, General Atlantic and KKR invested in Jio Platforms. In all the deals, AZB & Partners has acted for Jio Platforms and Shardul Amarchand Mangaldas for all the investors..US social media major Facebook invested Rs. 43,574 crore (USD 5.7 billion) into Jio Platforms for a 9.99% stake..SAM, AZB, Hogan, Davis Polk lead on Facebook 43,574 crores investment in Jio Platforms.Private Equity firm Silver Lake in the first round had invested Rs. 5,656 crores ($746.74 million) in Jio Platforms.After 43k crore Facebook investment, PE Silver Lake invests 5,656 crore in Jio Platforms as AZB, SAM lead.Private equity firm Vista Equity Partners has invested Rs. 11,367 crore for a 2.32% stake in Jio Platforms..Hat-Trick: AZB, SAM act on third investment in Jio Platforms with Vista Equity Partners picking 2.32% stake for Rs 11,367 crore.General Atlantic, US investment firm, will be investing ₹6,598.38 crore in Reliance owned Jio Platforms for 1.34% stake..AZB, SAM, Davis Polk, Paul Weiss on Reliance Jio - General Atlantic Deal: Raises 6,600 crore for 1.34%.KKR, the global investment firm based in New York, is the fifth investor to invest Rs. 11,367 crores in Jio Platforms, the digital subsidiary of Reliance Industries Ltd for a 2.32% stake..Round Five: AZB, SAM, Davis Polk, Simpson Thacher lead on KKR Rs. 11,367 crores investment in Jio Platforms
