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Tata fund to buy 23% stake in Dodla Dairy

Tata fund to buy 23% stake in Dodla Dairy

Wednesday, February 22, 2017, 10:15 AM

Tata Opportunities Fund, a private equity fund owned by the Tata group, is in talks with Hyderabad-based Dodla Dairy Ltd to buy its significant minority stake. Tata fund is in talks to acquire an about 23% stake held by US-based investment firm Proterra Investment Partners (formerly Black River Asset Management) in a deal worth Rs 300 crore.
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