After Silver Lake, KKR may invest $1b in Reliance Retail: Report

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KKR & Co. is in advanced talks to invest at least $1 billion in the retail business of Reliance Industries, reports Bloomberg, citing sources, in what could be another big investment in the unit following Silver Lake Partners’ deal.

KKR is in discussions for a stake in Reliance Retail Ventures Ltd and the private equity firm could invest as much as $1.5 billion and an announcement could come as soon as this month, reports Bloomberg.

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