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Stake: United States fund KKR...

MUMBAI: NYSE-listed KKR will invest an...

Stake: United States fund KKR to invest ₹2,000 crore in Reliance Retail to hike stake

MUMBAI: NYSE-listed KKR will invest an additional Rs 2,070 crore in Reliance Retail Ventures, increasing its stake to 1.42% from 1.17%. The investment values Reliance Retail at a pre-money equity value of Rs 8.36 lakh crore, making it among India's top four companies by equity value, it said. KKR had first put in money in Reliance Retail in September 2020. It invested Rs 5,550 crore in the company for a 1.17% stake. The KKR deal comes about three weeks after Qatar Investment Authority invested Rs 8,278 crore in...

Karl Jörg - September 11, 2023

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Stake: United States...

MUMBAI: NYSE-listed KKR will invest an additional Rs 2,070 crore in Reliance Retail Ventures, increasing its stake to 1.42% from 1.17%. The investment...

Karl Jörg - September 11, 2023

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