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.
- 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
a. Airtel
b.Vodafone
c. Idea
d. Reliance Jio
