Reliance reportedly closes in on acquiring T-Mobile Netherlands

India’s Reliance Industries is said to be lining up potential investors to finance its ambition to acquire Deutsche Telekom’s mobile business in The Netherlands, a deal that could cost the Jio parent company $5.7 billion.
First reported by The Hindustan Times, Reliance Industries Ltd (RIL) is said to be preparing to launch a $5.7 billion non-binding bid for T-Mobile Netherlands BV. The paper quoted unnamed sources that Mukesh Ambani’s conglomerate is shortlisting lenders to fin