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Tata Said to Tap Sovereign Funds on Buying Out Ousted Head

Ratan Tata, who returned this week to the helm of India's largest conglomerate, is seeking a partner that could buy out the Tata Sons Ltd. stake held by the family of ousted Chairman Cyrus Mistry, people with knowledge of the matter said. The Tata family trusts have reached out to sovereign wealth funds and other long-term investors to gauge their interest in purchasing the Mistry family's stake if it became available, according to the people.

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