Facebook’s $5.7 Billion Jio Stake Wins Regulatory Approval
The logo of Reliance Jio, the mobile network of Reliance Industries Ltd., is displayed inside a store in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Facebook’s $5.7 Billion Jio Stake Wins Regulatory Approval

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(Bloomberg) -- India’s antitrust regulator approved Facebook Inc.’s purchase of a 9.99% stake in the digital services business controlled by billionaire Mukesh Ambani, giving the social media giant...
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