Tag Archives: Reliance Retail

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% …

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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 …

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