Reliance Industries Plans Public Listing of Jio with $112 Billion Valuation
Thursday, 11 July 2024, 05:19
Reliance Industries Plans Jio Spinoff for 2025 Listing
According to Jefferies, Reliance Industries, the leading Indian company, contemplates spinning off its telecom subsidiary Jio for a public listing by 2025, potentially valuing it at $112 billion.
Growth Potential and Investor Opportunities
Reliance's strategy aims at unlocking new growth opportunities by listing Jio, offering investors a chance to participate in the telecom sector's expansion.
Jefferies reports that the move could provide an exciting avenue for investors seeking exposure to the telecom market with a powerhouse player like Jio.
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