News: Snapshot of Tata Group's takeovers abroad

(PTI 31/01/2007) New Delhi - Tata Steel's successful $ 11.3 billion takeover of its much bigger rival Corus Group is the latest in a series of acquisitions abroad executed by India's largest and one of the oldest corporate groups.The acquisitions have meant that 30 per cent of the group'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% 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% 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 $ 39 million

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