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General Atlantic-Reliance Retail deal: Value unlocking in retail continues

Deal with General Atlantic marks the third monetisation in Reliance Retail

September 30, 2020 / 12:25 PM IST
General Atlantic-Reliance Retail deal: Value unlocking in retail continues

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Highlights - General Atlantic to invest Rs 3,675 crore for a 0.84 percent stake in Reliance Retail - Deal values Reliance Retail at Rs 4.37 lakh crore - Synergy benefit with Future Retail will drive future upside - RIL shareholders should see further upside with two engines of growth firing Reliance Industries (CMP: Rs 2,245 Market Cap: Rs 15.18 lakh crore) continued to walk the path it had articulated in its annual general meeting earlier this year wherein it had indicated that it was looking...

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