Wall Street meets Reliance: Bank of America to buy 49.9% stake in Jio Credit for $1.9 billion

Partially corroborated61

Shares of Jio Financial Services gained over 3% to Rs 263 on the BSE on Thursday after the company announced that Bank of America will acquire a 49.9% stake in Jio Credit, a wholly owned non-bank lending arm of the company, in a Rs 18,268 crore joint venture deal.Under the transaction, the Americ...

First seen 1d ago · latest update 14h ago · India · business

Indian mainstream 4
Indian independent 0
International 0
Official 0

How 4 outlets headlined it

The same event in each outlet’s own words. Differences in emphasis and language are part of the picture — we show them, you judge them.

Times of India
Owned by: Bennett Coleman & Co / The Times Group (Jain family)
- “Bank of America to acquire 49.9 percent stake in Jio Credit for Rs 18,268 crore”1d ago ↗
Deccan Herald
Owned by: The Printers (Mysore) Pvt Ltd (family-owned)
- “Wall Street meets Reliance: Bank of America to buy 49.9% stake in Jio Credit for $1.9 billion”1d ago ↗
Economic Times
Owned by: Bennett Coleman & Co / The Times Group (Jain family)
- “Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 crore”17h ago ↗
- “BofA, Jio Financial ink JV for 49.9% Jio Credit stake”1d ago ↗
Free Press Journal
Owned by: FPJ Publications Pvt Ltd
- “Bank Of America To Buy 49.9% Stake In Jio Credit For ₹18,268 Crore”14h ago ↗

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