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US firm Vista Equity buys 2.3% stake in Reliance Jio for $1.5 billion

The deal will make Vista the largest shareholder of Jio after Facebook (9.99%) and parent RIL (86.54%). With this, RIL has raised a total of Rs 60,596 crore ($7.9 billion), boosting its efforts to pare debt.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
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