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Jio seeks 8% stake sale to investors like Meta and Google in upcoming IPO.
Reliance Jio Platforms is in talks with 13 major foreign investors, including Meta and Google, to sell about 8% of their individual stakes in an upcoming IPO in Mumbai, according to sources.
The company, which operates the world's second-largest telecom network, is expected to file for approval this week.
The IPO is structured as an offer-for-sale, with no new capital raised, and the final stake sale percentage may vary.
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Jio busca la venta de una participación del 8% a inversores como Meta y Google en la próxima IPO.