Ambani's Jio Platforms IPO pivots to pure fundraising, no investor exits, sources say
Mukesh Ambani's Reliance Jio Platforms has pivoted to a pure fundraising for its planned Mumbai listing, selling a 2.5% stake in the offering and dropping earlier plans that would have allowed some shareholders to exit, two sources said.
Mukesh Ambani's Reliance Jio Platforms has pivoted to a pure fundraising for its planned Mumbai listing, selling a 2.5% stake in the offering and dropping earlier plans that would have allowed some shareholders to exit, two sources said.
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