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Tata Global Beverages completes sale of Russian subsidiaries

  • 11/07/2017

Tata Global Beverages (TGBL) has completed the sale of two of its subsidiaries in Russia - Sunty and Teatrade - for 375 million roubles (about Rs 41 crore). TGBL in August announced sale of its business in Russia as part of restructuring operations in that country.

"We now inform you that the process of restructuring has been completed resulting in the sale of two of the company’s overseas...

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