Oil-to-telecommunications conglomerate Reliance Industries is constantly working to expand its presence in the retail sector. On Tuesday, the Abu Dhabi Investment Authority (ADIA) became the eighth investor in Reliance Retail Ventures, agreeing to choose 1.2 percent of the company’s share capital for Rs 5,512.5 million. ADIA joins the Silver Lake …
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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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Reliance Industries Ltd (RIL) has offered Jio Platforms’ 13 financial and strategic investors the option to invest in its Reliance Retail Ventures Ltd (RRVL) unit, two people familiar with the developments said. These investors include Facebook, Google, KKR, Silver Lake, and TPG. They helped RIL accumulate a total of ₹1.52 …
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