Friday, 4 September 2020

This US co eyes $1bn stake in Reliance Retail

After acquiring a piece of Jio Platforms, American private equity investor Silver Lake Partners is in discussions with Reliance Industries (RIL) to buy a stake in its retail arm. Silver Lake is looking to invest $1 billion (about Rs 7,350 crore) in Reliance Retail, according to the Financial Times.

from Times of India https://timesofindia.indiatimes.com/business/india-business/silver-lake-eyes-1bn-stake-in-rel-retail/articleshow/77940108.cms
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