Thursday, November 28

Lingotto buys additional 16.5 percent stake in TVS Industrial and Logistics Parks

Investment management firm Lingotto has acquired an additional 16.5% stake in TVS Industrial and Logistics Parks, bringing its total stake to 21%. TVS ILP, a part of TVS Mobility Group, has entered into a strategic partnership with Lingotto, which is owned by Exor NV. British International Investor, a UK's DFI, has sold part of its stake to Lingotto. The transaction took place at an enterprise value of Rs 2,800 crore. Lingotto is an independent investment management company based in London.
  • News Source Indiatimes (Click to view full news): CLICK HERE
  • Share:

0 Comments:

Leave a Reply

Your email address will not be published. Required fields are marked *

Format: 987-654-3210