New Delhi, Mar 26 (UNI) The Tata Group has been at the forefront of corporate India's outbound acquisitions with the latest being Jaguar and Land Rover from Ford for 2.3 billion dollars.
A look at the significant acquisitions by the Group.
*2000- Tata Tea acquires the Tetley Group, UK. This is the first major acquisition of an international brand by an Indian business group worth 275 million pound.
*2004- Tata Motors buys the heavy vehicles unit of Daewoo Motors, South Korea for about 102 million dollars.
*2005- Tata Steel snapped up Singapore-based steel company NatSteel by subscribing to 100 per cent equity of its subsidiary, NatSteel Asia and spent 486 million dollars on the deal.
*2005- Tata through VSNL take overs Tyco Global Network for 130 million dollars, making it one of the world's largest providers of submarine cable bandwidth.
*2006- Tata Coffee acquires US-based Eight O'Clock Coffee for for 220 million dollars.
*2007- Tata Steel buys Corus for a whopping 12.2 billion dollars.
*2008-Tata makes Jaguar and Land Rover from Ford a part of its empire for 2.3 billion dollars.
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