Synergies between Mukesh Ambani’s telecom and retail businesses is driving global investors to make a bet on both the platforms. KKR’s $750-million investment in Reliance Retail comes after it put $1.5 billion into Jio earlier. KKR is picking up a 1.3% stake in Reliance Retail at a valuation of $57 billion same as the Silver Lake deal.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3hW157Z
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