Middle East SWF’s in talks to buy stake in Reliance Retail

Middle East sovereign wealth funds, including the Abu Dhabi Investment Authority (ADIA), Mudabala Investment and Saudi Arabia’s Public Investment Fund (PIF), are in talks to buy stakes in Mukesh Ambani-led Reliance Industries’ arm Reliance Retail Ventures Ltd (RRVL). Mukesh Ambani’s offline and online retail business has now become the latest…