SP Group raises $200 mn against Tata Sons shares

Deutsche Bank has provided $200 million (Rs 1,400 crore) as bridge financing, they said. The funds were given to Sterling Investments and Cyrus Investments, which belong to the Mistry family, against the ownership of Tata Sons shares, they said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2QSlr7G