This US co eyes $1bn stake in Reliance Retail

After acquiring a piece of Jio Platforms, American private equity investor Silver Lake Partners is in discussions with Reliance Industries (RIL) to buy a stake in its retail arm. Silver Lake is looking to invest $1 billion (about Rs 7,350 crore) in Reliance Retail, according to the Financial Times.

from Times of India https://ift.tt/2F8TWTY