Bank of America to acquire up to 49.9% stake in Jio Credit in Rs 18,268 crore deal

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The investment, comprising equity shares and warrants, is valued at Rs 18,268 crore, or approximately USD 1.9 billion, according to the companies. The transaction will be carried out through a preferential allotment of equity shares and warrants.

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Bank of America to acquire up to 49.9% stake in Jio Credit in Rs 18,268 crore deal

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