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Current Affairs

Vista Equity to Invest Rs 11,367 crore in Jio Platform

Current Context: Private equity firm Vista Equity is set to buy a 2.32% stake in Reliance’s Jio Platforms for Rs 11,367 crore.
Vista Equity to Invest Rs 11,367 crore in Jio Platform
  • This investment will make Vista the largest investor in Jio Platforms after Reliance Industries and Facebook.
  • After the investment by Vista Equity, Jio platforms will have an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Static Part: 

  • Headquarters of Vista Equity: Austin, Texas ,United States
  • CEO of Vista Equity: Robert F. Smith

Question: 

Q.1 Recently Vista Equity invested a 2.32% stake in which of the following organization in India?
a. Airtel
b.Vodafone
c. Idea
d. Reliance Jio
Vista Equity to Invest Rs 11,367 crore in Jio Platform Vista Equity to Invest Rs 11,367 crore in Jio Platform Reviewed by Neha Verma on May 09, 2020 Rating: 5

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