India News | Silver Lake Picks 1.75 Pc Stake in Reliance Retail for Rs 7,500 Cr

Get latest articles and stories on India at LatestLY. US private equity firm Silver Lake Partners has picked 1.75 per cent stake in Reliance Retail for Rs 7,500 crore, the Indian firm said in a statement on Wednesday.

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New Delhi, Sep 9 (PTI) US private equity firm Silver Lake Partners has picked 1.75 per cent stake in Reliance Retail for Rs 7,500 crore, the Indian firm said in a statement on Wednesday.

The investment values Reliance Retail at Rs 4.21 lakh crore.

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The world's largest tech investor had previously invested in billionaire Mukesh Ambani's digital unit, Jio Platforms Ltd.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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