CCI clears $5.7bn Facebook-Jio deal, involving acquisition of 9.99% stake in Jio Platforms
CCI clears $5.7bn Facebook-Jio deal, involving acquisition of 9.99% stake in Jio Platforms

In a major order, CCI has approved acquisition of 9.99% stake in Jio Platforms by Jaadhu Holdings LLC,” as announced by CCI on its Twitter handle on 24th June.

RIL, Jio Platforms and Jaadhu Holdings of Facebook had signed binding agreements for an investment of Rs. 43,574 crore by Facebook into Jio Platforms.

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