Company

Tata Tea

Trade risk

India.

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Summary

In 2000,Tata Tea took over Tetley Tea The Tetley brand name would give Tata Tea access to markets in Saudi Arabia, Iran, Iraq, and the CIS countries, said the companys vice chairman, R.K. Krishna Kumar, whose mandate for the acquisition was simple: to eliminate the competition, Unilever. (India Today, "Top 10 global takeovers," December 29, 2008) (http://indiatoday.intoday.in/site/story/Top+10+global+takeovers/1/22819.html)

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