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Silver Lake’s Co-investors To Invest Additional Rs 18.75 Billion In Reliance Retail

Oct 01, 2020 04:59 PM IST Business Business

US private equity firm, Silver Lake’s co-investors will invest an additional Rs 18.75 billion into Reliance Retail Ventures. Earlier, Silver Lake had announced a Rs 75 billion investment in Reliance Retail. Silver Lake and its co-investors’ total investment in Reliance Retail now stands at Rs 93.75 billion. With this latest investment, Reliance Retail has sold about 4.3% stake to raise Rs 186 billion.