Abu Dhabi Investment Authority makes ₹5,683.50 crore investment in Jio Platforms for a 1.16% stake. This is the eighth investment in Jio Platforms in less than seven weeks. With this investment, Jio Platforms has raised ₹97,885.65 crore.
Source :- https://economictimes.indiatimes.com/tech/ites/jio-platforms-is-set-to-raise-rs-5863-50-crore-from-abu-dhabi-investment-authority-by-selling-1-16-equity-stake/articleshow/76247517.cms
Mukesh Ambani's RIL is on a roll and JIO is an unpreceedented investment spree
Sheikh Hamed bin Zayed Al Nahyan Managing Director of the Abu Dhabi Investment Authority requests a closed doors meeting with Volkswagen executives including CEO Matthias Müller. Sheikh Hamed wishes to propose a joint business venture with Volkswagen in establishing an Emirati automotive company. We request Volkswagen cooperate with the currently unnamed company in designs, engines, R&D, production and marketing. In return, Volkswagen will receive 35% of company shares and the remaining 65% will be held by the Abu Dhabi Investment Authority. All funding will be conducted by the investment authority, thus increasing the profits of Volkswagen. What do you think of this proposal?
The great Abu Dhabi Investment Authority with assets totaling some $800 billion has today publicly announced that "We wish to be approached with new and innovative projects from all over the world that need the necessary help to get started and expand. We will listen to both private companies, individuals and even international Governments and will decide whether the project it worth the time and money. Together with us, the Abu Dhabi Investment Authority, you will reap great rewards if you will it."
The Abu Dhabi Investment Authority wishes to meet with representatives of The Walt Disney Company to discuss the possibility of a Disneyland Resort in Dubai. The United Arab Emirates wishes to sell itself even further to tourists and make the lives of its own people ever more enjoyable. The Investment Authority offers to cover the construction and maintenance costs of what would be Disneyland Resort Dubai in return for a full license to use the likeness and various trademarks of The Walt Disney Company, essentially running Disneyland Resort Dubai as a franchise. In addition to the payment for likeness and trademarks, The Walt Disney Company will receive 30% of the yearly profit made by Disneyland Resort Dubai.
We await your response to this business proposal.
