Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet
Advertisement

Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet

By Shubhobrota Dev Roy

  • 27 Sep 2023
Premium
Grapevine: ADIA may invest more in Reliance Retail; GIC plans agritech bet
Credit: Reuters

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is looking to pick up an additional stake in billionaire Mukesh Ambani-led Reliance Industries Ltd’s retail arm, a media report said.   ADIA, which is already an investor in Reliance Retail Ventures (RRVL), is seeking to infuse $600 million into the company, The Economic Times reported, citing people close to the development.   ADIA bought a 1.2% stake in RRVL for ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement