Quote:
Originally Posted by -GS- Last year Tata Tea bought a 30-per cent stake in Energy Brands for $677 million, in what was the largest overseas acquisition by a private sector Indian company. The deal values the company at $2.3 billion. |
Glaceau now values at $4B after Coca Cola aquired it. TATA sold its 30% share and made a heft $500+ million profit from it, all in 8 months. I bought one bottle of Glaceau when TATA owned a share in that company but not going to spend a buck fifty on that drink now.