KKR to invest Rs 5,550 crore in Reliance Retail for 1.28% stake - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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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 Stocks-Markets-Economic Times
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