April 23, 2020 / 3:03 AM / a month ago

BRIEF-Fitch Says Facebook Deal To Help Reliance Monetise Platforms, Deleverage

April 22 (Reuters) -

* FITCH SAYS FACEBOOK DEAL TO HELP RELIANCE MONETISE PLATFORMS, DELEVERAGE

* FITCH SAYS EXPECTS RIL’S OIL-TO-CHEMICAL SEGMENT TO FACE VOLUME AND MARGINS HEADWINDS DUE TO IMPACT OF COVID-19 PANDEMIC

* FITCH SAYS DEAL WILL ALLOW FACEBOOK, JIO TO MONETISE DIGITAL PLATFORMS; FACEBOOK LIKELY TO BE ABLE TO EXPAND IPLATFORMS

* FITCH SAYS EXPECT THE PARTNERSHIP WITH FACEBOOK TO BOLSTER RIL’S CONSUMER BUSINESS IN MEDIUM TERM Source text for Eikon: Further company coverage:

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