Carlyle said to be eyeing a $2b stake in Reliance's retail arm

Carlyle said to be eyeing a $2b stake in Reliance's retail arm

Photo: Reuters

Carlyle Group is looking to invest $1.5-2 billion to buy a stake in Reliance Retail Ventures, said two people aware of the development, joining a string of marquee investors that are keen on buying stakes in units of Mukesh Ambani-led Reliance Industries Ltd.

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