Friday 18 September 2015

CITI: Tata Motors (TTMT IN) ~$188mn block deal just launched
* Vendor: Tata Steel 
* Size: 1.33% of 5.54% stake (note another ~1.33% stake is being offered off-market to Tata Sons at around mkt px)
* Lock Up: 90 days
* Price Range: INR 324.50 - 338.05 (0-4% discount)

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