‘I’m Like a Guinea Pig—I’ll Take Anything’: An Explosion of Supplements Hits Tech’s Kitchen CountersRead Now

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asia media/telecom

KKR Invests $1.5 Billion Into India’s Jio

By
Shai Oster
· · Source: The Information

Private equity firm KKR invested $1.5 billion into Jio Platforms, joining Facebook and Silver Lake Partners as the latest firm to invest in the digital arm of Indian conglomerate Reliance Industries. In the past few weeks, Reliance founder Mukesh Ambani has raised some $9 billion for Jio, which has $20 billion in debt related to the costs of building out India’s biggest cellular phone network. ...

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By Akash Pasricha and Aidan Ryan · Feb. 6, 2023 11:04 AM PST
Barry Silbert, photo by Getty Images.
Genesis’ creditors, including Gemini, have reached a key agreement with the bankrupt crypto lender and its parent company, Digital Currency Group, for the restructuring of Genesis’ lending unit, according to a person briefed on the deal. Creditor groups that are owed a total of more than $2 billion have for months been negotiating an agreement among themselves and also with Genesis...
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Barry Silbert, photo by Getty Images.
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