Tata Tea acquires controlling stake in Everest Mineral Water

01/19/2010 | Business Standard (India)

Tata Tea has been gradually increasing its stake in Everest Mineral Water and now has a controlling 50.24% share. The water company will likely be merged with Tata Tea, which has been consolidating to create a single holding company with divisions for coffee, tea, water, juices and energy drinks.

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