Tatas juggle with eroded value of road trailers biz after a failed PE buyout
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Tatas juggle with eroded value of road trailers biz after a failed PE buyout

By Narinder Kapur

  • 26 Nov 2020
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Tatas juggle with eroded value of road trailers biz after a failed PE buyout
Credit: Reuters

A little over a year after a private equity firm scrapped a $45 million buyout of the road trailers business of Tata Group, the conglomerate is shuffling ownership within the group to comply with regulatory norms. Tata International Ltd will acquire an additional 50% stake in an Indian heavy vehicles manufacturing ......

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