Snapshot of Tata group's takeovers abroad

NEW DELHI: Tata Steel's successful move to acquire its much bigger rival Corus Group is the latest in a series of takeovers abroad executed by India's largest and one of the oldest corporate groups. The acquisitions have meant that 30 per cent of the gro up'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 per cent in US' Glaceau (Energy Brands) in August 2006 for $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 $220 million (Rs 1,050 cr) in June 2006


* Tata Chemicals picks 63.5 per cent in UK's Brunner Mond Group for Rs 508 crore in December 2005


* Tata Steel acquires Millennium Steel of Thailand in December 2005 for $404 million (Rs 1,800 crore)


* TCS buys out Chilean BPO firm Comicorn for $23 million (Rs 107.02 crore) in November 2005


* TCS acquires Sydney-based FNS in October 2005


* Tata Technologies purchases INCAT International, UK in October 2005 for $91 million (Rs 411 crore)


* Tata Tea acquires Good Earth Corp in October 2005 for around $32 million


* Tata Auto Comp (TACO) takes over German auto components maker Wundsch Weidinger


* VSNL acquires Teleglobe International in July 2005 for $239 million


* Tata Steel buys Singapore's NatSteel in August 2004 for over Rs 1,300 crore. - PTI

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