Reliance Retail Ventures gets Rs 2,000 crore from KKR

Reliance Retail Ventures gets Rs 2,000 crore from KKR

Global investment firm KKR is investing another ₹2,069.5 crore through an affiliate in Reliance Retail Ventures (RRVL), holding company for the retail businesses of Reliance Industries (RIL). KKR’s follow-on investment will translate into an additional equity stake of 0.25% in RRVL, according to a press release issued on Monday, which added that this takes the … Read more