| The Canada Pension Plan Investment Board (CPPIB), one of the world's biggest pension funds, and Singapore's sovereign wealth fund GIC are serious candidates to buy a significant minority stake in Tata Technologies, the automotive and aerospace engineering design services unit of the Tata Group.
US private equity giant Carlyle is also among the contenders for the stake purchase in the 21-year-old company with an asking valuation of more than $1 billion as the stake sale process run by Citigroup gathers momentum, people directly familiar with the matter said...............................................Full Article: Source
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