Reliance Retail-Silver Lake deal talks: 10 key points
The likely investment, which will value Reliance Retail at over Rs 4.3 lakh crore ($57 billion) comes at a time when the company is aiming to sell about 10 per cent in new shares

- Sep 4, 2020,
- Updated Sep 4, 2020 11:31 AM IST
Mukesh Ambani-led Reliance Retail is holding early talks with American private equity (PE) firm Silver Lake to sell a 1.7-1.8 per cent stake in the entity for around Rs 7,500 crore.
The likely investment, which will value Reliance Retail at over Rs 4.3 lakh crore ($57 billion) comes at a time when the company is aiming to sell about 10 per cent in new shares to raise $5.7 billion, the Financial Times reported on Thursday.
Oil-to-telecom conglomerate Reliance Industries Ltd. (RIL) is on a roll to pitch its retail business as a formidable force to woo potential investors.
Mukesh Ambani-led Reliance Retail is holding early talks with American private equity (PE) firm Silver Lake to sell a 1.7-1.8 per cent stake in the entity for around Rs 7,500 crore.
The likely investment, which will value Reliance Retail at over Rs 4.3 lakh crore ($57 billion) comes at a time when the company is aiming to sell about 10 per cent in new shares to raise $5.7 billion, the Financial Times reported on Thursday.
Oil-to-telecom conglomerate Reliance Industries Ltd. (RIL) is on a roll to pitch its retail business as a formidable force to woo potential investors.