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Essay heading: Tata’S Acquisition Of Ford’S Luxury Brands
 
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Issue: Business
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Date added: January 11, 2001
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No of pages / words: 3 / 804
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Its 96 companies employ about 200,000 people and have annual sales of more than $20 billion. The group has been leading a wave of Indian overseas investment as local companies have used the wealth generated in India's strong domestic economy to make acquisitions around the world. In February, Tata Group's steel arm, Tata Steel Ltd...
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In February, Tata Group's steel arm, Tata Steel Ltd., won a bidding war to buy Britain's Corus Group for about $13 billion. The group bought Eight O'Clock Coffee Co. of the U.S. last year for $220 million and South Korea's Daewoo Commercial Vehicle Co. in 2004 for $102 million. Its first big international acquisition was Tata Tea's acquisition of Tetley Group of the United Kingdom in 2000...
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