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Friday, August 17, 2012 - 18:27 IST
Tata Global Beverage completes acquisition of Russian tea and coffee venture
BY TEAM VCC
In March 2012, Tata Global’s arm had issued a notice to exercise the call option to acquire the remaining 49% of Suntyco Holding.
Tata Global Beverage Ltd (formerly Tata Tea) has acquired the balance 49 per cent stake of SuntyCo Holding Limited, the owner of the ‘Grand’ branded tea and coffee business in Russia, for an undisclosed amount, as per a...
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