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SNAPSHOT OT TATA GROUP'S TAKEOVERS ABROAD.
NEW DELHI, Feb 1 Asia Pulse - Tata Steel's successful US .3 billion takeover of its much bigger rival Corus Group is the latest in a series of acquisitions abroad executed by India's largest and one of the oldest corporate groups.
The acquisitions have meant that 30 per cent of the group's revenues today come from overseas operations.
Following are the major acquisitions by Tata Group companies in the past few years:
* Tata Tea acquires 30% in US' Glaceau (Energy Brands) in August 2006 for US $677 million
* Tata Tea buys 33 per cent in South African tea company Joekels through its subsidiary Tetley Group
* Tata Tea acquires US-based Eight'O clock coffee company for US $220 million in June 2006
* Tata Chemicals picks ...
- Tata Sons pledges 11.32 pc stake in Tata Tea.
- News wire article from: PTI - The Press Trust of India Ltd. February 11, 2009 700+ words
...half of its stake. Tata Tea markets brands like...in the US market. Tata Tea is the latest among the Tata group entities to to disclose...promoters of the eight Tata Group companies have pledged...crore. Shares of Tata Tea were trading at Rs...
- Amrita H Patel resigns from Tata Tea board.
- News wire article from: PTI - The Press Trust of India Ltd. October 8, 2008 700+ words
Amrita H Patel resigns from Tata Tea board Mumbai, Oct 8 (PTI) Tata Group company Tata Tea today said Amrita H Patel ceases to be...effect from August 25. In a filing to BSE Tata Tea said its board has accepted Patel's resignation...
- Tata Tea, EBRD to acquire 51 pc in Russian firm.
- News wire article from: PTI - The Press Trust of India Ltd. March 26, 2009 700+ words
Tata Tea, EBRD to acquire 51 pc...Mumbai, Mar 26 (PTI) Tata Group company Tata Tea today said its overseas...Gilles Mettetal said. Tata Group, which has no investments...statement added. Shares of Tata Tea were trading at Rs 553...
- Tata Tea on acquisition prowl in US.
- News wire article from: PTI - The Press Trust of India Ltd. September 15, 2005 700+ words
Kolkata, Sep 15 (PTI) Tata Tea of India's business conglomerate Tata Group Thursday said it was aggressively looking for acquisition...it would be premature to comment on timeframe," Tata Tea managing director P T Siganporia said in a statement...
- Tata Group firms' promoters pledge shares worth Rs 7.5K crore.
- News wire article from: PTI - The Press Trust of India Ltd. February 10, 2009 700+ words
...filing that its main promoter Tata Tea has pledged 1,07,35...promoters of the three other Tata Group entities -- Tata Steel...Communications, Tata Chemicals, Tata Tea, Tata Sponge Iron are among the Tata Group companies which are yet to...
- The Tata Group Acquires 30% Stake in Glaceau.
- Press release article from: PR Newswire August 23, 2006 700+ words
...revolution. The Tata Group's investment in...Tata Sons' and Tata Tea's Boards of Directors...Vice Chairman of Tata Tea and a director of Tata Sons. The Tata Group, headquartered...Leisure), Ginger, Tata Tea, Tetley, Tata...emerging ones, the Tata ...
- The Tata Group Acquires 30% Stake In Glaceau.
- Press release article from: PR Newswire August 23, 2006 700+ words
...revolution. The Tata Group's investment in...Tata Sons' and Tata Tea's Boards of Directors...Vice Chairman of Tata Tea and a director of Tata Sons. The Tata Group, headquartered...Leisure), Ginger, Tata Tea, Tetley, Tata...emerging ones, the Tata ...
- INDIA'S TATA GROUP ACQUIRES 30PCT STAKE IN VITAMIN WATER FIRM.
- News wire article from: AsiaPulse News August 24, 2006 700+ words
...revolution. The Tata Group's investment in...Tata Sons' and Tata Tea's Boards of Directors...Vice Chairman of Tata Tea and a director of Tata Sons. The Tata Group, headquartered...Leisure), Ginger, Tata Tea, Tetley, Tata...emerging ones, the Tata ...
Source: HighBeam Research, SNAPSHOT OT TATA GROUP'S TAKEOVERS ABROAD.