SILVER LAKE MAY BUY STAKE IN RELIANCE RETAIL

HIGHLIGHTS

• Silver Lake wants a $ 1 Billion stake in Reliance Retail.
• The investment would value Reliance Retail at about $ 57 billion.
• Reliance plans to sell about 10% in new shares.
• Reliance Industries has raised more than $20 billion from other global investors.

Private equity firm Silver Lake intends to buy US $ 1 Billion stake in Reliance Retail. This inv....