After Silver Lake, KKR is investing ₹5,550 crore into Reliance Retail, a subsidiary of Reliance Industries for a 1.28% equity stake..Cyril Amarchand Mangaldas acted for Reliance Retail and the team was led by Partners L Viswanathan, Nivedita Rao, Shishir Vayttaden and K Aishwarya.Davis Polk & Wardwell acted as international counsel for Reliance Retail..Shardul Amarchand Mangaldas acted for KKR and the team included Partners Raghubir Menon, Natasha Shroff, Sakshi Mehra and Ekta Gupta.Simpson Thacher & Bartlett LLP acted as legal counsel to KKR and the team was led by Ian Ho..This marks the second investment by KKR in a subsidiary of Reliance Industries, following a ₹ 11,367 crore investment in Jio Platforms announced earlier this year..Round Five: AZB, SAM, Davis Polk, Simpson Thacher lead on KKR Rs. 11,367 crores investment in Jio Platforms.Silver Lake has invested ₹ 7,500 crore in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries..CAM, SAM lead on Silver Lake 7,500 crore investment in Reliance Retail.Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
