The Economic Times, 9 May 2011MUMBAI: Singapore state investment fund Temasek Holdings has decided to drop its plans to buy private equity major TPG Capital's stake in India's largest commercial vehicle financing company Shriram Transport Finance , two people familiar with the matter told ET.
"Temasek, after evaluating the company (Shriram Transport), has taken a call not to go ahead with the stake buy," said a person with direct knowledge of the deal. Shriram Transport and TPG were not available for comment. Full story
