{"id":820,"date":"2020-06-14T03:13:17","date_gmt":"2020-06-14T03:13:17","guid":{"rendered":"https:\/\/bengalnewstimes.com\/tpg-l-catterton-to-buy-stake-in-jio-platforms\/"},"modified":"2020-06-14T03:13:17","modified_gmt":"2020-06-14T03:13:17","slug":"tpg-l-catterton-to-buy-stake-in-jio-platforms","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=820","title":{"rendered":"TPG, L Catterton to buy stake in Jio Platforms"},"content":{"rendered":"<p><\/p>\n<div id=\"content-body-14269002-31823046\">\n<p>Global alternative assets firm TPG has agreed to invest \u20b94,546.80 crore in Jio Platforms Limited for a 0.93% equity stake in the company at an equity value of \u20b94.91 lakh crore and an enterprise value of \u20b95.16 lakh crore.<\/p>\n<p>L Catterton, one of the world\u2019s largest consumer focused private equity firms has agreed to invest \u20b91,894.50 crore in Mukesh Ambani-led Jio Platforms Limited to buy 0.39% equity stake.<\/p>\n<p>With these investments, Jio Platforms has raised \u20b91,04,326.95 crore from leading global investors, including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, and ADIA since April 22, 2020.<\/p>\n<\/div>\n<div style=\"display:none\">\n<div class=\"col-xs-12 col-md-12 col-lg-12 col-sm-12\">\n<div class=\"subscriptioncontainer\">\n<div class=\"subscriptioncontainermain\">\n<div class=\"col-xs-12 col-sm-8 col-md-9 subscripeleftcontent\">\n<p class=\"planTodayDiv\">You have reached your limit for free articles this month.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"subscriptionbenefits\">\n<h4 class=\"subscriptionbenefitstitle\">Subscription Benefits Include<\/h4>\n<div class=\"col-xs-12 col-sm-6 col-md-6\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg todayimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Today&#8217;s Paper<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">Find mobile-friendly version of articles from the day&#8217;s newspaper in one easy-to-read list.<\/p>\n<\/div>\n<\/div>\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg adimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Unlimited Access<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">Enjoy reading as many articles as you wish without any limitations.<\/p>\n<\/div>\n<\/div>\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg recomimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Personalised recommendations<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">A select list of articles that match your interests and tastes.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-6 col-md-6\">\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg fasterimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Faster pages<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">Move smoothly between articles as our pages load instantly.<\/p>\n<\/div>\n<\/div>\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg dashimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Dashboard<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">A one-stop-shop for seeing the latest updates, and managing your preferences.<\/p>\n<\/div>\n<\/div>\n<div class=\"reasonforsubscrptionitems\">\n<span class=\"reasonforsubscrptionitemsimg briefimg\"\/><\/p>\n<div class=\"reasonforsubscrptionitemscontent\">\n<h6 class=\"reasonforsubscrptionitemscontenttitle\">Briefing<\/h6>\n<p class=\"reasonforsubscrptionitemscontentlead\">We brief you on the latest and most important developments, three times a day.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"btm-toptextpge col-xs-12\">\n<div class=\"btm-textpge col-md-12 col-lg-12 col-xs-12 col-sm-12\">\n<p>\n<span class=\"know-txt\">Not convinced? Know why you should pay for news.<\/span>\n<\/p>\n<\/div>\n<\/div>\n<div class=\"subscriptiontext col-xs-12\">\n<p>\n*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.\n<\/p>\n<\/div>\n<\/div>\n<p><a href=\\\"https:\/\/www.thehindu.com\/business\/tpg-l-catterton-to-buy-stake-in-jio-platforms\/article31823046.ece\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global alternative assets firm TPG has agreed to invest \u20b94,546.80 crore in Jio Platforms Limited for a 0.93% equity stake in the company at an equity value of \u20b94.91 lakh crore and an enterprise value of \u20b95.16 lakh crore. L Catterton, one of the world\u2019s largest consumer focused private equity [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/06\/og-image.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=820"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/383"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}