India: Two tea producers set sight on Tata's stake in Amalgamated Plantations

India: Two tea producers set sight on Tata's stake in Amalgamated Plantations

Photo: Pixabay

At least two large tea producers have evinced interest in acquiring Tata Global Beverage Ltd’s 41% stake in Amalgamated Plantations Pvt. Ltd (APPL), India’s second largest producer and supplier of tea with estates in the Dooars region of West Bengal and Assam.

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