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Tata, IBM divorce - Views on News from Equitymaster
 
 
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  • Jun 3, 1999

    Tata, IBM divorce

    Tata and IBM have decided to part ways, and the former shall divest its 50% stake in the Tata IBM JV in favour of IBM, the only other partner.

    As reported by Economic Times - ET, the companies refused to reveal the cause of the split, with the Tatas claiming that it was in line with a mutual agreement to reorganise management of the Tata IBM JV.

     

     

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