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Октябрь
2024

With Noel Tata at the helm, Mistry's eye potential monetization of Tata Sons stake

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Noel Tata’s appointment as chairman of Tata Trusts is likely to ease tensions with Shapoorji Pallonji Group. This could allow SP Group to consider partial monetisation of its 18.4% stake in Tata Sons. Improved relations may help reduce SP Group's debt through asset divestment and other financial strategies, benefiting both sides.