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How Facebook will invest 9.99 % in Jio

sharingmythoughts

7 Jun, 2020

How Facebook will invest 9.99 % in Jio

sharingmythoughts

How Facebook will invest 9.99 % in Reliance Jio

There’s been news that Facebook is going to acquire minority stake in Reliance Jio. But how Facebook is going to acquire Reliance Jio let us know.

Facebook has incorporated a new company named “Jaadhu Holding LLC. This Company got incorporated in Delware ( US ). It is wholly owned subsidiary of Facebook . It got incorporated on March, 2020. Jaadhu Holding LLC will acquire 9.99 % stake in Reliance jio.

In this way Facebook will acquire 9.99 % stake in Reliance jio.

Dislcaimer : This article is only for information purpose

sharingmythoughts

sharingmythoughts

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