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From The Tribune

Center Owned by The Tribune Trust

Jio Platforms attracts close to $25 billion in bids from anchor investors during its IPO

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Mukesh Ambani’s USD 3.2 billion Jio Platforms IPO has attracted bids of nearly USD 25 billion from institutional investors such as GIC, BlackRock and Fidelity, amounting to nearly 30 times the portion set aside for anchor investors, according to sources familiar with the situation. The telecom…

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