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May 26, 2007
Tata Tea and Tata Sons togeather buy 30 percent share holding of Enerygy Brands Inc USA
Tata Tea Ltd through its indirect UK subsidiary Tata Tea (GB) Investments Ltd, had acquired 25% of the shareholding of Energy Brands Inc; USA ("EBI") and Tata Sons Ltd through its subsidiary Tata Ltd (UK) had acquired 5% of the shareholding of EBI. The total value of 30% holding is US $ 677 million based on an Full valuation of EBI at US $ 2.2 Billion.
Tags | tata+tea tata+son tata+tea+investments tata+limited energy+brandsPosted by rupya at May 26, 2007 8:33 PM