Bengaluru:
US personal fairness agency Silver Lake Companions will make investments Rs 7,500 crore ($1.02 billion) within the retail arm of conglomerate Reliance Industries for a 1.75 per cent stake, Reliance Industries stated on Wednesday.
The funding values Reliance Retail at a pre-money fairness worth of Rs 4.21 lakh crore, Mumbai-based Reliance stated in a regulatory submitting.
($1 = Rs 73.7850)
