RIL”s retail arm receives Rs 5,550 crore from KKR for 1.28 per cent stake sale
NEW DELHI: Reliance Industries Ltd (RIL) on Thursday said it has received Rs 5,550 crore from global investment firm KKR, which has picked up 1.28 per cent stake in its retail arm. Earlier, on September 23, RIL had announced that KKR will make the investment in its subsidiary Reliance Retail Ventures Ltd (RRVL) to buy […]
KKR picks up 1.28 per cent stake in Reliance Retail for Rs 5,550 crore
NEW DELHI: Reliance Industries Limited (Reliance Industries) and Reliance Retail Ventures Limited (RRVL) announced today that global investment firm KKR will invest Rs 5,550 crore into RRVL, a subsidiary of Reliance Industries. This investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore. KKR’s investment will translate into a 1.28% equity […]
KKR in advanced talks to invest $1 billion for stake in Reliance Retail
NEW DELHI: KKR & Co. is in advanced talks to invest at least $1 billion in the retail business of Indian billionaire Mukesh Ambani, according to people familiar with the matter, in what could be another U.S. investment in the unit following Silver Lake’s deal. KKR is in discussions for a stake in Reliance Retail […]
Clayton, Dubilier & Rice to buy Epicor Software from KKR for $4.7 billion
NEW DELHI: Clayton, Dubilier & Rice, KKR, and Epicor Software Corporation today announced a definitive agreement whereby CD&R funds will acquire Epicor, a global provider of industry-specific enterprise software to industrial-focused sectors, from leading global investment firm KKR in a $4.7 billion deal. The transaction represents an important milestone for Epicor, a leading enterprise software vendor […]
Reliance strikes 5th deal, sells 2.32 per cent in Jio Platforms for Rs 11,367 crore to KKR
NEW DELHI: Reliance Industries Limited and Jio Platforms Limited (Jio Platforms), India’s leading digital services platform, announced today that KKR will invest Rs 11,367 crore into Jio Platforms. This transaction values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. This is KKR’s largest […]