Tata Tea to buy US firm for $677 mln | india | Hindustan Times
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Tata Tea to buy US firm for $677 mln

The company is eyeing acquisitions in the United States to help it expand its international operations.

india Updated: Aug 23, 2006 20:18 IST

India's Tata Tea Ltd, the world's second-largest branded tea firm, said on Wednesday it plans to buy 30 per cent of US-based Energy Brands Inc for $677 million.



The company, which owns the Tetley brand, said this month it was eyeing acquisitions in the United States to help it expand its international operations.