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KKR to invest $250 million...

Global investment firm KKR & Co...

Alia Bhatt: Reliance Retail buys...

MUMBAI: Reliance Retail Ventures will acquire...

KKR to invest $250 million in Mukesh Ambani’s retail unit

Global investment firm KKR & Co will invest an additional 20.69 billion rupees ($249.19 million) in Indian billionaire Mukesh Ambani’s rapidly expanding retail unit that rivals global competitors including Amazon.com Inc and Walmart Inc in the world’s most populous nation.KKR’s follow-on investment will take its total equity stake to 1.42% in in Ambani’s Reliance Retail Ventures Ltd on a fully-diluted basis, the Mumbai-based firm said in an exchange filing Monday. In 2020, KKR had invested 55.50 billion rupees in the retail unit.The deal comes after Ambani told shareholders...
Karl Jörg -
Business Profiles

KKR to invest...

Global investment firm KKR & Co will invest an additional 20.69 billion rupees ($249.19 million) in Indian billionaire Mukesh Ambani’s rapidly expanding retail...
Karl Jörg -
Business Profiles

Alia Bhatt: Reliance...

MUMBAI: Reliance Retail Ventures will acquire a 51% stake in actor Alia Bhatt's kids and maternity wear brand Ed-a-Mamma for an undisclosed amount....
Karl Jörg -
Business Profiles

Reliance Retail: Reliance...

BENGALURU: Reliance Retail Ventures, India's biggest retailer, said on Wednesday it would take a 51% stake in domestic kid's clothing brand, Ed-a-Mamma, pursuing...
Karl Jörg -
Business Profiles

Reliance Retail Ventures...

Reliance Retail Ventures has injected Rs 300 crore of equity into its newly established fast-moving consumer goods entity, Reliance Consumer Products (RCPL), via...
Karl Jörg -
Business Profiles

Reliance: Reliance Industries...

BENGALURU: India's Reliance Industries is likely to sell an additional 8-10% stake in its retail arm Reliance Retail Ventures to fund expansion, retire...
Karl Jörg -
Business Profiles

Reliance Retail: Qatar...

MUMBAI: Qatar’s sovereign wealth fund invested 82.78 billion rupees ($1 billion) into the rapidly growing retail business owned by Asia’s richest man Mukesh...
Karl Jörg -
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