The acquisition by RRVL is another step in its journey of offering superior design-led products and compelling value proposition for customers
RRVL has issued a statement saying it has entered into the transaction for the acquisition of assets and business of Future Retail under proper legal advice
This brings the aggregate investment by Silver Lake and its co-investors in RRVL to ₹ 9,375 crore, which translates to a 2.13% equity stake on a fully diluted basis