General Atlantic-Reliance Retail deal: Private equity firm to invest Rs 3,675 crore for 0.84% in RIL unit

General Atlantic-Reliance Retail deal: Private equity firm to invest Rs 3,675 crore for 0.84% in RIL unit

By Administrator_India Capital Sands Private equity firm General Atlantic Partners will invest Rs 3,675 crore in Reliance Retail in exchange for a 0.84 percent stake, the third deal sealed by the Reliance Industries Ltd (RIL) unit in as many weeks.  The investment values Reliance Retail at a pre-money equity value of Rs 4.28 lakh crore, RIL […]

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