Reliance Retail gets new investor, Qatar Fund to invest Rs 8,278 cr for 1% stake

Описание: Reliance Industries Ltd (RIL) on Wednesday announced that Qatar Investment Authority (QIA) will invest Rs 8,278 crore in its subsidiary Reliance Retail Ventures. This investment values Reliance Retail Ventures at a pre-money equity value of Rs 8.28 lakh crore. The investment by the Qatari fund will translate into a nearly 1% stake in the retail major.

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