 "RIL Chairman Mukesh Ambani")
US private equity firm Silver Lake Partners will invest an additional Rs 1,875 crore in the retail arm of Reliance Industries, the Indian firm said in a statement on Wednesday.
"Reliance Industries Limited ('Reliance Industries') and Reliance Retail Ventures Limited ('RRVL') announced today that co-investors of Silver Lake will invest an additional Rs 1,875 crore into RRVL, a subsidiary of Reliance Industries," the statement said.
This brings the aggregate investment by Silver Lake and its co-investors in RRVL to Rs 9,375 crore, which will translate into a 2.13 per cent equity stake in RRVL.
"This latest investment values Reliance Retail at a pre-money
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