Cleaning Up Crossholdings
The Tata Group's move to separate Tata Chemicals and Tata Global Beverages is a big step towards a simpler group structure.
Tata Sons' move to disentangle crossholdings across group companies and consolidate its ownership is gathering steam. It has announced it will buy Tata Chemicals' 43.1 million shares a 6.84 per cent stake in Tata Global Beverages and conversely, Tata Global Beverages' 11.1 million shares 4.39 per cent stake in Tata Chemicals, thereby
