Tata Group in talks to buy back 20% stake in Tata Play from Temasek: report

Tata Group in talks to buy back 20% stake in Tata Play from Temasek: report

FILE PHOTO: A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su

India’s Tata Group is in advanced talks with Temasek Holdings to buy back a stake in its entertainment content distribution platform at a valuation of more than $1 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.

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