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Tata Tea reaps 77 per cent return in Glaceau deal

Coca-Cola’s decision to acquire Glaceau for $4.1 billion will help Tata Tea pocket $1.2 billion. Tata Tea had bought 30 per cent stake in Glaceau in August 2006 for $677 million. The purchase of Glaceau will give Tata Tea...

Coca-Cola sets eyes on Glaceau

According to reports from industry sources, Coca-Cola has proposed to acquire vitamin water maker Glaceau. Reports say that the company has filed a notification in this regard to the US regulators. The Tata Group has 30 per cent stake...

Coca-Cola to change strategy for Georgia brand

After Georgia, the tea and coffee brand of Coca-Cola, failed to meet the sales targets, the parent company is planning to change the strategy for marketing this brand. Sources say the company will not market Georgia as a mass...

Coca-Cola in talks to acquire stake in Glaceau

It is reported that Coca-Cola plans to acquire US energy drink firm Glaceau, in a deal that could be worth over $3 billion. Tata Tea has 30 per cent stake in the firm, having bought the same at $677...

Coca-Cola leaves Kerala

Hindustan Coca-Cola Beverages, the bottling arm of Coca-Cola India, is said to have shifted one of the three bottling lines, which were inactive since 2004, from Plachimada plant in Kerala to Orissa. Company officials have clarified that it is...

Coke may buy its co-packers in Bhutan

Coca-Cola India’s bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCB) is said to be in talks with Bhutan Beverages it co-packers in Bhutan, for acquiring their bottling operations. This is said to be the strategy of the company to...
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Boult IPO likely next year: Co-founder Varun Gupta

We are not focusing on IPO this year, our primary focus is to foray into offline marketsNew Delhi: Indian...
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