Silverlake in talks to buy a stake worth $1 Billion in Reliance Retail, say reports
The investment would value Reliance Retail at about $57 billion
Reliance Industries is India’s largest private listed company with a mcap of $189 Bn
Earlier this year, Silver Lake had bought 2.08% equity stake in Reliance Jio
Silver Lake’s investments in Jio Platforms valued it at about $66 billion
Reliance Industries has raised more than $20 Bn from global investors in the last few months