India’s Reliance to sell $750 million stake in unit to Silver Lake, on track to cut debt

May 4, 2020 admin Business News Comments Off on India’s Reliance to sell $750 million stake in unit to Silver Lake, on track to cut debt

India’s Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc , boosting its efforts to cut debt.

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Source:: Reuters – Business News