Tata Steel has sold its stake in Tata Motors to Tata Sons, the holding company of Tata conglomerate, for 37.9 billion rupees ($586.3 million)..Tata Steel sold about 83.54 million shares at 452.80 rupees per share..AZB & Partners advised Tata Steel and the team was led by Partners Shameek Chaudhuri and Varoon Chandra..Cyril Amarchand Mangaldas advised Tata Sons with a team led by Managing Partner Cyril Shroff along with Partners Amita Choudhary and Anchal Dhir.
