Weekly Digest: ADIA inks India retail deal; Kyobo Life, AXA IM expand partnership
ADIA makes investment in Indian retail chain; Kyobo Life and AXA Investment Managers extend strategic partnership with Korean joint venture firm; Malaysia’s Khazanah and Italian development bank establish investment partnership; and more.
The following briefs are curated from press releases and third-party media sources.
TOP NEWS OF THE WEEK
The Abu Dhabi Investment Authority (ADIA) has announced a $597 million investment in Reliance Retail, making the Indian retail chain worth $100 billion.
This follows investments from KKR and Qatar Investment Authority totaling $1.7 billion. ADIA's investment will give them a 0.59% stake in Reliance Retail.
Reliance Industries, owned by Mukesh Ambani, is the parent compan…
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