Silver Lake Co-investors to Invest Additional Rs 1,875 Cr in Reliance Retail Ventures
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Reliance Industries Limited (RIL) and Reliance Retail Ventures Limited (RRVL) announced on Wednesday that co-investors of Silver Lake will invest an additional Rs 1,875 crore into RRVL, a subsidiary of Reliance Industries. The aggregate investment by Silver Lake and its co-investors in RRVL now adds up to Rs 9,375 crore, which will translate into a 2.13 per cent equity stake in RRVL on a fully diluted basis.