82: Unlike Jio, Silver Lake’s valuation for Reliance Retail isn’t gold-plated

Mark to Market

English - September 10, 2020 07:33 - 5 minutes - 5.01 MB
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After Reliance Industries Ltd (RIL) raised a record ₹1.5 trillion by selling stakes in Jio Platforms Ltd, expectations have been running high with regards to stake sales in the group’s retail venture. However, tech-focused private equity investor, Silver Lake, has valued Reliance Retail Ventures Ltd at a much lower $57 billion. For more details on the deal and what it means for the RIL stock, tune in here.