Tag Archives: Tata-Mistry Separation Offer

Tata Rejects Mistrys Stock Swap Separation Offer As ‘Nonsense’

The Tata Group rejected a truce offer from billionaire conglomerate Pallonji Mistry that suggested trading the Mistry family’s stake for $ 24 billion worth of shares in Tata’s listed companies. “It doesn’t make sense. This kind of relief cannot be given,” Tata’s lawyer Harish Salve said during a hearing before …

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