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Access here alternative investment news about Chennai-based Invenire Energy Acquires Tata Petrodyne In A $100-mn Deal | Business Standard News
Private Equity

Chennai-based Invenire Energy Acquires Tata Petrodyne In A $100-mn Deal | Business Standard News

by business-standard.com posted 2days ago 10 views
This is the first instance of a private equity interest in Indian exploration sector. : In a first sign of private equity (PE) interest in exploration and production in India, little-known Chennai-based Invenire Energy has taken over Tata Sons oil and gas arm Tata Petrodyne (TPL) in a $100-million deal. Miami-based Atyant Capital holds a majority stake (two-thirds) in Invenire, incorporated in 2016.