Updated Feb 07, 2021 | 10:59 IST
The merchant bankers would be making presentations before the officials of the Department of Investment and Public Asset Management on February 9, 11 merchant bankers in fray for managing govt’s 26.12% stake sale in Tata Comm | Photo Credit: PTI
As many as 11 merchant bankers, including Goldman Sachs, JM Financial and Axis Capital, are in race for managing the sale of the government s 26.12 per cent stake in Tata Communications Ltd.
The government will sell its entire stake in Tata Communications Ltd (TCL), erstwhile VSNL, through an offer for sale and strategic sale route by March 20, 2021.
The merchant bankers would be making presentations before the officials of the Department of Investment and Public Asset Management on February 9, according to a notice posted on the DIPAM website.
URL copied
11 merchant bankers in fray for managing govt’s 26.12% stake sale in Tata Communications
As many as 11 merchant bankers, including Goldman Sachs, JM Financial and Axis Capital, are in race for managing the sale of the government s 26.12 per cent stake in Tata Communications Ltd. The government will sell its entire stake in Tata Communications Ltd (TCL), erstwhile VSNL, through an offer for sale and strategic sale route by March 20, 2021.
The merchant bankers would be making presentations before the officials of the Department of Investment and Public Asset Management on February 9, according to a notice posted on the DIPAM website.