Mubadala's investment will translate into a 1.85 per cent equity stake on a fully diluted basis. Mubadala Investment Company, the Abu-Dhabi based sovereign investor, will invest ₹9,093.60 crore into Jio platforms, valuing Jio Platforms at an equity value of ₹4.91 lakh crore and an enterprise value of ₹5.16 lakh crore, said the Reliance Industries Limited (RIL) on Friday.
Mubadala's investment will translate into a 1.85 per cent equity stake on a fully diluted basis. Mubadala's USD 229 billion portfolio spans five continents with interests in multiple sectors including aerospace, ICT, semiconductors, metals and mining, renewable energy, oil and gas, petrochemicals, utilities, healthcare, real estate, pharmaceuticals and medical technology