TNW | Business
Jio Platforms attracts more than $20B in bids ahead of record India IPO
Allianz is among the investors, and European banks are among the lenders the proceeds will repay
Via TNW | Business
·Excerpt
Jio Platforms has drawn more than $20B in bids for what would be India’s largest listing, with Fidelity, Allianz and Capital Group indicating interest. The company is now seeking about $108B, against the $170B bankers discussed last November.
Jio Platforms has drawn more than $20B in bids for what would be India’s largest listing. The share sale is expected to open next week, with the listing completed before 30 October.
Fidelity, Allianz and Capital Group have indicated interest, Bloomberg reported…
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