KKR to invest Rs 5,550 crore in Reliance Retail for 1.28% stake

The investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore. This marks the second investment by KKR in a subsidiary of Reliance Industries, following a Rs 11,367 crore investment in Jio Platforms announced earlier this year.

from Markets-Economic Times https://ift.tt/35X7Zri