India's Reliance says KKR to invest $755.1 mln in retail arm - Reuters

7:49pm PDT - September 22nd, 2020    private equity - Reuters

U.S. private equity firm KKR & Co Inc will invest 55.50 billion rupees ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of 4.21 trillion rupees, the Indian conglomerate said on Wednesday.