Tata Group Weighs IPO for Auto Giant Tata Autocomp Systems
The Tata Group, India’s diversified conglomerate, is exploring the possibility of taking its auto components manufacturing business, Tata Autocomp Systems (TACO), public through an initial public offering (IPO), according to sources familiar with the matter.
Discussions are in the early stages, focusing on which Tata Group entities will divest their stakes in TACO and the total quantum of stake to be offered in the IPO Tata Group Weighs IPO for Auto Giant Tata Autocomp Systems
The Tata Group, India’s diversified conglomerate, is exploring the possibility of taking its auto components manufacturing business, Tata Autocomp Systems (TACO), public through an initial public offering (IPO), according to sources familiar with the matter.
Discussions are in the early stages, focusing on which Tata Group entities will divest their stakes in TACO and the total quantum of stake to be offered in the IPO
