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Tata Motors to sell 9.9% stake in IPO-bound Tata Technologies for Rs 1,614 crore



Tata Motors on October 13 said it has agreed to sell 9.9 percent stake in IPO-bound Tata Technologies for Rs 1,613.7 crore to TPG Rise Climate SF Pte. Ltd, a climate focused private equity fund, and Ratan Tata Endowment Foundation, for an equity valuation of Rs 16,300 crore.

This article is published by Moneycontrol

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