The Anatomy of a $750 Million Takeover Deal Between Tata and Wistron

Those with knowledge of the situation indicated that the Tata Group is paying $750 million in total, inclusive of debt

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This will make the company the first in India to produce iPhones. On Wednesday, they both signed the takeover agreement, they claimed.

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Tata was only supposed to pay the equity portion of the $125 million that was promised in the October 27 plan.

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According to them, the target company has additional term debt of $75–80 million, which will now be transferred to the purchaser.

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In addition, the parent company has offered Wistron India an inter-corporate loan of $550 million.

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Three facilities are used for Apple product repairs, with one located in Peenya, Bengaluru, and the other out of commission.

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