SAUDI ARABIA’S WEALTH FUND BUYS 2.04% STAKE IN INDIA’S RELIANCE RETAIL VENTURES LIMITED
Fri 06 November 2020: Saudi Arabia’s Public Investment Fun announced Thursday that it had acquired 2.04 percent of India’s Reliance Retail Ventures Limited for total investment of $1.3 billion. The PIF said the investment would strengthen the fund’s presence in the Indian economy and retail market. “The investment in RRVL follows an earlier acquisition of […]
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