Reliance Industries forged a $ 3.38 billion deal in August to acquire the retail business of rival Future Group Reliance Industries, the oil-to-telecoms conglomerate led by billionaire Mukesh Ambani, said on Saturday that Singapore’s sovereign wealth fund GIC and global private equity firm TPG Capital invested a total of 7,350 …
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After acquiring the retail assets of the Future group and obtaining extensive investments, Mukesh Ambani’s Reliance Retail is now the most powerful organized retail player in India. However, a Commercial standard The report said that DMart founder Radhakishan Damani is also preparing to defend his retail territory. The Damani retail …
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Reliance Industries said in a regulatory filing that the investment by GIC and TPG will result in a 1.22% equity interest and 0.41% equity interest in RRVL, respectively, on a fully diluted basis. Reliance Industries Limited (Reliance Industries) and Reliance Retail Ventures Limited (RRVL) announced today that GIC will invest …
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Abu Dhabi-based sovereign wealth fund Mubadala acquired a 1.4% stake in Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries Limited, for ₹6,247.5 million rupees, the company said in a statement. The investment values Reliance Retail at a pre-money equity value of ₹ 4,285 million lakh rupees. “Mubadala’s investment will …
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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% …
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NEW DELHI Here is a list of the top ten stocks that may appear in the news on Monday: Dependency Industries: Reliance Retail Ventures Limited, the retail business of Mukesh Ambani’s Reliance Industries Ltd (RIL), has received ₹Rs 7.5 billion from tech investor Silver Lake, the company said in a …
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NEW DELHI Here is a list of the top ten stocks that may appear in the news on Thursday: RIL: Retail oil conglomerate Reliance Industries Ltd (RIL) is said to be in the running to acquire Debenhams, a British multinational retailer that operates department stores in the UK with franchise …
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MUMBAI : Retail oil conglomerate Reliance Industries Ltd (RIL) is said to be in the race to acquire Debenhams, a British multinational retailer that operates department stores in the UK with franchise stores in other countries, Sky News reported Wednesday. “The Reliance Retail empire, which last year bought world-famous British …
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The Money Culture, Michael Lewis’ 1991 book on the Wall Street excesses of the 1980s, brought into the mainstream a play on words about “OPM” – other people’s money. He mocked the practice of large corporations of using the money of other companies and investors to make leveraged acquisitions. Continents …
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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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