• SENSEX
    NIFTY 50
Finance

TVS Logistics seeks to acquire Gati's controlling stake, says report

Updated : July 30, 2018 11:42 AM IST

TVS Logistics is in talks with Gati to buy a controlling stake for about Rs 1,500 crore, The Economic Times reported.
TVS is seeking to buy the entire promoter holding of around 23 percent, sources told the paper.
The transaction may be followed by an open offer to minority shareholders of the Hyderabad-based firm.
TVS Logistics seeks to acquire Gati's controlling stake, says report
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV