Noel Tata, Shapoorji Discuss Share Swap for Tata Sons Stake Sale
The Tata Group is in talks with its biggest minority shareholder on proposals to unlock liquidity, including a potential swap of shares of its listed entities, as the Shapoorji Pallonji...
By P R Sanjai and Saikat Das · Bloomberg
The Tata Group is in talks with its biggest minority shareholder on proposals to unlock liquidity, including a potential swap of shares of its listed entities, as the Shapoorji Pallonji Group seeks funds to repay costly debt, according to people familiar.