Silver Lake to invest Rs 7,500cr in Reliance Retail

Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners would buy a 1.75% stake in its retail arm for Rs 7,500 crore ($1.02 billion), as the Indian conglomerate bolsters its retail presence in the country.

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Sep 9, 2020 - 15:51
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Silver Lake to invest Rs 7,500cr in Reliance Retail
Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners would buy a 1.75% stake in its retail arm for Rs 7,500 crore ($1.02 billion), as the Indian conglomerate bolsters its retail presence in the country.