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Tata Power Company Ltd Exits Stake in Arutmin Coal & retains KPC mines


Friday, 31 Jan 2014 09:10am EST 

Tata Power Company Ltd:Says its 100% subsidiaries sign agreement for sale of their 30% stake in PT Arutmin Indonesia and associated companies in coal trading and infrastructure, to a Bakrie Group entity.Says the aggregate consideration for Tata Power's 30% stake is approximately $500 million. 

Company Quote

101.85
-3.8 -3.60%
11 Jul 2014