Moneycontrol PRO

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

Representative image

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...

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers