Tano Capital’s US team backs auto parts maker to acquire publicly listed firm
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Tano Capital’s US team backs auto parts maker to acquire publicly listed firm

By Ankit Doshi

  • 26 Oct 2020
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Tano Capital’s US team backs auto parts maker to acquire publicly listed firm
Credit: 123RF.com

California-headquartered alternative investment firm Tano Capital has struck a rare India bet with its US team backing an auto component maker to acquire a publicly listed company. Tano Capital, through its vehicle Tano Investment Opportunities Fund-I, has bought 7.5 million shares of Mumbai-listed Balu Forge Industries Ltd—or a 10.93% stake—for Rs ......

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