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M&A: Tata Group to Acquire 100% Stake in Air India

M&A: Tata Group to Acquire 100% Stake in Air India

by Vora Corporate Finance | Nov 26, 2021 | Financial Advisory, Insights, Merger & Acquisitions

Transaction: Tata group’s holding company, Tata Sons through its wholly-owned subsidiary Talace Pvt Ltd submitted a winning bid of Rs.18,000 Crore as the Enterprise Value of Air India. Air India has a total debt of Rs.61,562 crore, out of that Rs.15,300 crore will be...

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