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Reliance Retail (RRVL) receives Rs 7,500 crore from SLP Rainbow

Reliance Retail (RRVL) receives Rs 7,500 crore from SLP Rainbow

SLP Rainbow (Silverlake) now holds 1.75% equity share capital in Reliance Retail

This is the follow up of the Reliance Retail-Silverlake deal announced in September 9

Reliance operates India’s largest retail business, recording close to 640 Mn footfalls from its 12,000 stores

RIL share price rose over 2 per cent on the NSE after the Silver Lake deal

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