Tata to transfer food business from Tata Chemicals to Tata Global Beverages

Tata group on Wednesday announced the transfer of its branded food business from Tata Chemicals Ltd to Tata Global Beverages Ltd in an all-shares deal.

Tata to transfer food business from Tata Chemicals
Tata Global Beverages Ltd (TGBL) will buy the business of selling edible salt, spices, and lentils and give shares in return to Tata Chemicals. Photo: Reuters

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