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Ambani's Jio seeks $3.2B in what could be India's biggest IPO
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Reliance-linked Jio reportedly plans to raise $3.2 billion in an IPO, with proceeds mostly used to repay debt as it expands beyond telecom. A CNBC newsletter says the listing is due later this month and faces a valuation check.
Timeline
- First appeared on Free Malaysia Today
Top sources
- Mukesh Ambani’s Jio seeks US$3.2bil in record India IPOFree Malaysia Today