Tata Motors sells 9.9% stake in Tata Technologies Ltd at INR 16,300Cr
Tata Motors sells 9.9% stake in Tata Technologies Ltd at INR 16,300Cr (~$2.0 bn) equity valuation Tata Motors Limited (TML) has entered into share purchase agreements to sell 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of INR 1,613.7 crore. TPG Rise Climate is the lead investor for this transaction, which ascribes…
