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8 months ago

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Breakingviews - Ambani's retail backers dispel only a little doubt

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Breakingviews - Ambani's retail backers dispel only a little doubt

Mukesh Ambani is on a mission to crystallise a golden valuation for India's largest retailer. Asia's richest man is raising fresh funds to trim debt and expand the shopping unit of his flagship Reliance Industries . Recent commitments from KKR and Qatar signal a $100 billion pre-initial public offering valuation for the subsidiary.

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Breakingviews - Ambani's retail backers dispel only a little doubt

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Breakingviews - Ambani's retail backers dispel only a little doubt

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