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Mukesh Ambani’s Reliance Retail To Get Rs 7,500 Crore Investment From US-Based Silver Lake »

Bengaluru:

US personal fairness agency Silver Lake Partners will make investments Rs 7,500 crore ($1.02 billion) within the retail arm of conglomerate Reliance Industries for a 1.75 per cent stake, Reliance Industries stated on Wednesday.

The funding values Reliance Retail at a pre-money fairness worth of Rs 4.21 lakh crore, Mumbai-based Reliance stated in a regulatory submitting.

($1 = Rs 73.7850)


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