American private equity firm Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Limited for how much per cent equity stake?
American private equity firm Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Limited for how much per cent equity stake? Correct Answer 1.75
The correct answer is 1.75%.
- American private equity firm Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Limited for 1.75 per cent equity stake.
- The fresh investment values Reliance Retail at an equity value of Rs 4.21 lakh crore.
- It will be the second billion-dollar investment by Silver Lake in a Reliance Industries subsidiary after the investment of $1.35 billion in Jio Platforms earlier this year.
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Feb 20, 2025