Temasek looks to buy TPG's stake in Shriram Transport

Sify Finance, 4 Apr 2011In what could be one of the most high-profile private equity (PE) deals in India in recent times, Temasek Holdings is in talks with PE major TPG Capital to buy a part of its stake in Shriram Transport Finance Company (STFC), India’s largest commercial vehicle financing company.While Temasek is the investment vehicle of the government of Singapore, TPG is one of the largest