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Tata in talks to buy Wistron's India facility: Report

Tata in talks to buy Wistron's India facility: Report

A Tata sign is seen outside their offices in London, Britain on Mar 30, 2016. (Photo: Reuters/Toby Melville)

India's Tata Group is in discussions with Taiwan's Wistron Corp to buy its manufacturing facility for up to 50 billion rupees (US$612.6 million), the Economic Times business daily reported on Wednesday (Nov 30), citing people familiar with the talks.

Neither salt-to-software conglomerate Tata nor Wistron – one of Apple's top vendors in India – immediately responded to Reuters' e-mailed requests for comment. 

 

Source: Reuters/zl

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