Silverlake in talks to buy a stake worth $1 Billion in Reliance Retail, say reports

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

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