Tata Steel sells stake in Tata Motors to Tata Sons for $586.3 million | Reuters

Tata Steel sells stake in Tata Motors to Tata Sons for $586.3 million | Reuters Reuters Tata Steel Ltd (TISC.NS) said on Friday it sold its stake in Tata Motors Ltd (TAMO.NS) to Tata Sons [TATAS.UL], the holding company of India's salt-to-software Tata conglomerate, for 37.83 billion rupees ($586.3 million). Tata Steel sold about 83.54 million shares at 452.80 rupees apiece, it said in a stock exchange filing. The post Tata Steel sells stake in Tata Motors to Tata Sons for $586.3 million | Reuters appeared first on Firstpost. 1