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Murugappa Group's promoters are actively working towards a new family settlement. The goal is to resolve disagreements and facilitate a three-way split. Advisors are helping with a legally sound and tax-efficient separation structure. The evolving consensus includes right of first refusal on share transfers. Businesses with higher valuations will contribute proportionately.
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The US treasury secretary calls the talks "productive" while China's vice premier describes them as "candid".
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U.S. negotiators said Sunday that substantial progress was made and perhaps the differences werent so large after two days of negotiations with a high-ranking Chinese delegation on ways to ease a trade war sparked by President Donald Trumps steep tariffs.
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News and Media
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