Private Equity giant Warburg Pincus is investing $360 million (Rs. 2,323 crore) for a 43% stake in Tata Technologies Limited..Shardul Amarchand Mangaldas advised Warburg Pincus with a team led by Mumbai Managing Partner Akshay Chudasama..AZB & Partners advised Tata Motors and Tata Capital with a team led by Managing Partner Zia Mody along with Partners Ashwin Ramanathan and Nilanjana Singh..Warburg Pincus will purchase approximately 30% from Tata Motors and its subsidiary Sheba Properties Limited..Besides, it will also buy the entire 13% stake held by Tata Capital — i.e 8.7% from Alpha TC Holdings Pte Ltd and 4.3% from Tata Capital Growth Fund I, reported ET.
Private Equity giant Warburg Pincus is investing $360 million (Rs. 2,323 crore) for a 43% stake in Tata Technologies Limited..Shardul Amarchand Mangaldas advised Warburg Pincus with a team led by Mumbai Managing Partner Akshay Chudasama..AZB & Partners advised Tata Motors and Tata Capital with a team led by Managing Partner Zia Mody along with Partners Ashwin Ramanathan and Nilanjana Singh..Warburg Pincus will purchase approximately 30% from Tata Motors and its subsidiary Sheba Properties Limited..Besides, it will also buy the entire 13% stake held by Tata Capital — i.e 8.7% from Alpha TC Holdings Pte Ltd and 4.3% from Tata Capital Growth Fund I, reported ET.
