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Tata said to be in advanced talks for Temasek's Tata Play stake

Tata Group is in advanced discussions with Temasek Holdings to repurchase a stake in Tata Play at a valuation exceeding $1 billion. The Indian conglomerate aims to strengthen its control over the entertainment content distribution platform by potentially acquiring a stake held by its private equity fund Tata Opportunities Fund. ....

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Tata Group in advanced talks for Temasek's Tata Play stake

Discussions are ongoing and there’s no certainty that Temasek and Tata Play will proceed with a deal, the people said. A Tata Group representative didn’t offer any immediate comment, while a Temasek spokesperson declined to comment. ....

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