...
...
Next Story

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.

Published on: Aug 23, 2006 08:18 PM IST
None | By , Mumbai
Prefer HTon Google
Advertisement

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.

HT Image
HT Image

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.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe