Tata Sons, SP Group Reopen Talks on 7% Stake Sale as Valuation Gap Persists
SP Group and Tata Sons are exploring monetising about 7% of SP's 18.37% holding, potentially via a share swap. Talks are shadowed by SP's ₹60,000 crore debt refinancing and revived speculation over a Tata Sons listing, with valuation differences still unresolved.
SP Group and Tata Sons held fresh talks to monetise about 7% of SP's 18.37% Tata Sons stake, exploring a share swap. Valuation differences persist amid SP's debt refinancing and revived Tata Sons listing speculation.