 "Investors like Mubadala and Abu Dhabi Investment Authority could be next, though a Reliance spokesperson said they could not comment on market speculation.")
Reliance Industries (RIL) on Wednesday said that private equity (PE) firm General Atlantic would invest Rs 3,675 crore in its subsidiary Reliance Retail for a 0.84 per cent stake, making it the third deal to be announced in three weeks by the Mukesh Ambani-led company.
However, people in the know said a strategic investor could be inducted later, stepping up the stake sale process, which has so far involved small deals. PE firms Silver Lake, KKR, and now General Atlantic, have together put in Rs 16,725 crore into Reliance Retail for a total 3.87 per cent stake at a
However, people in the know said a strategic investor could be inducted later, stepping up the stake sale process, which has so far involved small deals. PE firms Silver Lake, KKR, and now General Atlantic, have together put in Rs 16,725 crore into Reliance Retail for a total 3.87 per cent stake at a
