New Delhi: Co-investors of US private equity firm Silver Lake will invest more ₹Rs 1,875 crore at Reliance Retail Ventures (RRVL), the retail arm of Reliance Industries, the firm said in a regulatory filing Wednesday night. This brings the aggregate investment of Silver Lake and its co-investors in RRVL to …
Read More »General Atlantic will invest ₹ 3,675 crore in Reliance Retail
Reliance Industries Limited and Reliance Retail Ventures Limited announced Wednesday that General Atlantic will invest ₹ Rs 3,675 crore in RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4,285 million lakh rupees. General Atlantic’s investment will result in a 0.84% …
Read More »Abu Dhabi Mubadala In Advanced Talks To Invest Up To $ 1 Billion In Reliance Retail: Report
NEW DELHI / DUBAI: Abu Dhabi State Fund Mubadala Investment Co is in advanced talks invest up to $ 1 billion in the retail division of Reliance Industries Ltd of India, two sources told Reuters, as investor interest in the Indian company increases. Reliance Retail is on a fundraising spree …
Read More »Abu Dhabi Mubadala In Advanced Talks To Invest Up To $ 1 Billion In Reliance Retail: Report
NEW DELHI / DUBAI: Abu Dhabi state fund Mubadala Investment Co is in advanced talks to invest up to $ 1 billion in the retail arm of Reliance Industries Ltd of India, two sources told Reuters, as interest from investors rises. investors in the Indian company. Reliance Retail is on …
Read More »Reliance Retail sells 1.28% equity stake for ₹ 5,550 crore to KKR
Reliance Industries Limited and Reliance Retail Ventures Limited announced Wednesday that global investment firm KKR will invest ₹5,550 crore at Reliance Retail, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of ₹ 4.21 million lakh rupees. KKR’s investment will result in a 1.28% …
Read More »Carlyle and SoftBank are on the waiting list to participate in Reliance Retail: Report
Investor demand for Reliance Industries Ltd’s retail business is so strong that Carlyle Group Inc and SoftBank Group Corp are among those placed on a waiting list, according to people familiar with the matter. Carlyle and SoftBank have recently expressed interest in investing in Mukesh Ambani’s Reliance Retail Ventures Ltd, …
Read More »Mukesh Ambani’s $ 2 nerve unlocks another fortune for Reliance Industries
Mukesh Ambani has joined the World’s Richest League with the help of a simple formula: gather fans for $ 2 deals. He first got Facebook Inc. and Google to back his fledgling digital ambitions, and now he may be trying to lure Amazon.com Inc. into his retail company, which is …
Read More »Is RIL Offering Amazon 40% Retail Units For $ 20 Billion?
Mukesh Ambani (AFP) MUMBAI / NEW DELHI: Reliance Industries Ltd (RIL), controlled by Mukesh Ambani, has offered a significant stake in its local retail unit to Directed by Jeff Bezos Amazon.com, a deal, if it goes through, would make the two billionaires and business rivals strategic partners in one of …
Read More »Reliance Offers Amazon $ 20 Billion Stake In Retail Arm: Report
Reliance Industries Ltd (RIL), the oil-to-telecommunications conglomerate led by Mukesh Ambani, is offering to sell roughly $ 20 billion in equity in its retail arm, Reliance Retail, to Amazon. BloombergQuint reported Thursday, citing Bloomberg News. Amazon has held discussions about investing in Reliance Retail and has expressed interest in negotiating …
Read More »Reliance to Offer $ 20 Billion Retail Stake to Amazon: Report
Reliance Industries Ltd., owned by Indian billionaire Mukesh Ambani, is offering to sell an approximately $ 20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter. Amazon has held investment talks in the conglomerate’s Reliance Retail Ventures Ltd. unit and has …
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