#Mukesh Ambani

Abu Dhabi’s ADIA to invest $750m in Mukesh Ambani’s retail unit

Reliance Retail runs supermarkets, India’s largest consumer electronics chain, a cash-and-carry wholesaler, fast-fashion outlets and an online grocery store called JioMart

Aramco still aims for $15bn investment in India’s Reliance

A deal with Reliance would help the world’s biggest crude exporter join the ranks of the top oil refiners and chemical makers

Coronavirus pandemic drags global M&A to lowest level since 2012

Little more than $1 trillion of deals have been announced this year, making for the slowest first half since 2012

Mubadala

Ambani’s Jio platforms sells $1.2bn stake to Mubadala

Facebook invested $5.7bn in Jio in April for a roughly 10 per cent stake

India’s Reliance, Saudi Aramco accelerate refinery stake sale talks

In August, Reliance valued its oil-to-chemicals division at $75bn including debt, implying a $15bn valuation for a 20 per cent stake