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KKR invests another Rs 2,069.50 crore in Reliance Retail Ventures

Business Standard


KKR to invest another Rs 2,069.50 crore in Reliance Retail Ventures Ltd (RRVL) through an affiliate for a 0.25 per cent stake on a fully-diluted basis.


“This investment values RRVL at a pre-money equity value of Rs 8.361 lakh crore, which makes it among the top four companies by equity value in the country,” the company said in its release.


This takes KKR’s investment in the retail subsidiary of Reliance Industries to 1.42 per cent…


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