Monday, May 28, 2007

REVENUE STRATEGY - TATA TEA

1. Tata Tea Ltd., a unit of India's biggest business group, made a profit of $523 million from the sale of its 30 percent stake in Energy Brands Inc. to Coca-Cola Co. for $1.2 billion. It had paid $677 million for the Energy Brands stake in August.
2. It wants to invest overseas to increase its share of branded and specialty teas and coffee and reduce a dependence on sales of regular black tea leaves.
3. It will look for acquisitions in the U.S., where sales growth in waters and healthy drinks is outstripping sodas.
4. It wants to acquire majority ownership in companies in the areas of ready-to-make coffee and new varieties of tea.
5. It may acquire Cadbury Schweppes Plc's North American soft drinks unit.
6. It may use the cash from Energy Brands' sale to cut its debt.

Make the world your stage (for revenue growth)

[Click here for full story at: BLOOMBERG.COM]

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