India approves Facebook’s $5.7 billion deal with Reliance Jio Platforms

India approves Facebook’s $5.7 billion deal with Reliance Jio Platforms


India’s antitrust watchdog has given its blessing to Facebook and Reliance Jio Platforms for their $5.7 billion deal. In a statement on Wednesday, the Competition Commission of India said it had approved Facebook’s proposed multi-billion-dollar investment in Jio Platforms for a 9.99% stake in the top Indian telecom network. Jaadhu Holdings LLC, a wholly-owned subsidiary […]


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June 24, 2020 at 09:00PM

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