Silver Lake Invests $750 Million in India’s Reliance Jio

U.S. investment group Silver Lake is to spend $750 million buying a slice of Indian media powerhouse Jio Platforms.

The two companies announced their deal less than two weeks after Facebook paid $5.7 billion to buy a 9.9% stake in Jio. The Silver Lake deal gives Jio Platforms a valuation of $65 billion,

 » ….