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KKR-Reliance Retail deal: Value unlocking story continues

Deal with KKR marks the second monetisation in Reliance Retail

September 23, 2020 / 12:35 PM IST
KKR-Reliance Retail deal: Value unlocking story continues

Highlights - KKR to invest Rs 5,550 crore for a 1.28 percent stake in Reliance Retail - Deal values Reliance Retail at Rs 4.33 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 2,211 Market Cap: Rs 14.95 lakh crore) continued to walk the path it had clearly mentioned in its annual general meeting earlier this year. Then, it had announced that it was looking...

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