Sunday, October 16, 2005

Typhoo Tea Sold To Apeejay

Acquisitions, acquisitions, acquisitions. Big businesses sure like to toss companies around, don’t they?

As you may recall - it was only two days ago - India's Tata Tea announced that they were buying California tea maker Good Earth, as noted here. On the same day English paper the Guardian reported that another Indian firm, Apeejay International Tea, was buying British tea company Typhoo, the country's third largest.

For the full report from the Guardian, look here.

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