2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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McKesson
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CVS Health
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Texas Pacific Group
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Walmart
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Detailed explanation-1: -"TPG will invest Rs 4, 546.80 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore, ” the company said in a statement.
Detailed explanation-2: -Facebook picked 9.99 per cent stake in Jio Platforms at an enterprise value of Rs 4.62 trillion. “Jio Platforms Limited has allotted equity shares to Jaadhu Holdings following which Jaadhu Holdings holds 9.99 per cent of the fully diluted equity share capital of Jio Platforms Limited, ” the filing said.
Detailed explanation-3: -Joining the elite list of investors, such as Facebook, Google has now paid ₹33, 737 crores to Jio Platforms Limited, a subsidiary of the Mukesh Ambani-owned Reliance Industries Limited (RIL). With this investment, Google owns a 7.73% stake in Jio.