KKR will buy a $1.5 billion stake Billionaire Mukesh Ambani’s Reliance Jio
U.S. equity firm KKR announced it will invest $1.5 billion in Billionaire Mukesh Ambani’s Reliance Jio, joining fellow investors Facebook (invested $5.7 billion), Silver Lake, Vista Equity Partners, and General Atlantic that have made similar bets on Reliance Jio Platforms. New York-based KKR values Reliance Jio Platforms at $65 billion....