Silver Lake to invest ₹7,500 crore for 1.75% in Reliance Retail (Business Opportunities - Other Business Ads)

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Silver Lake to invest ₹7,500 crore for 1.75% in Reliance Retail


Private equity firm Silver Lake Partners will invest ₹7,500 crores in the retail arm of Reliance Industries Ltd (RIL) for a 1.75% stake.

Reliance Retail said in a press statement that the investment values that Reliance Retail at a pre-money equity value of $ 4.21 trillion.

Post announcement, RIL's shares advanced 1.3% at ₹2132 crore on the BSE at 9.30 am.

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Last Update : Sep 09, 2020 6:46 AM
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2021-04-11 (0.393 sec)