After Silver Lake, KKR may invest $1 billion in Reliance Retail: Report
Wed, Sep 9, 2020 11:45 AM

After Silver Lake, KKR may invest $1 billion in Reliance Retail: Report

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KKR & Co. is in advanced talks to invest at least $1 billion in the retail business of Reliance Industries, reports Bloomberg, in what could be another big investment in the unit following Silver Lake Partners’ deal. KKR is in discussions for a stake in Reliance Retail and the private equity firm could invest as much as $1.5 billion & an announcement could come as soon as this month.

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