Suitors line up for India's oldest surviving tea company Assam Co

Suitors line up for India's oldest surviving tea company Assam Co

FILE PHOTO: Freshly plucked tea leaves are seen in the hand of a tea garden worker inside Aideobarie Tea Estate in Jorhat in Assam, India April 21, 2015. REUTERS/Ahmad Masood/File Photo

India’s oldest surviving and perhaps the most prized tea company (in terms of its assets) is set to go under the hammer. Even before the information memorandum has been circulated, the 179-year old Assam Co. India Ltd has several suitors: MK Shah Exports Ltd, Warren Tea Ltd and the Dhunseri Group to name a few.

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